I just saw on-chain data that the Trump token team has recently made a big move. 7.59 million TRUMP tokens, worth over 20 million USD, were transferred directly from a wallet into BitGo's custody account. This transfer is quite large and seems to be for fund consolidation. What's more interesting is that after entering custody, these 7.59 million tokens were quickly moved to a centralized exchange. Such operations usually indicate either preparing for liquidity management or getting ready for subsequent trading. Large transfers like this in the crypto space often attract market attention, especially when they involve well-known tokens.

TRUMP1.13%
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