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Did Trump Media just reduce its Bitcoin position again?
previously accumulated 11,542 $BTC worth roughly $1.37B at an average entry price near $118,522.
Four months ago, the company already moved 2,000 BTC worth around $175M at the time, when BTC was trading near $87,378.
Now, just an hour ago, another 2,650 BTC worth roughly $205M was deposited into, immediately sparking speculation that more selling could be happening.
At current prices, Trump Media’s total BTC position is estimated to be sitting on roughly $455M in unrealized losses. Of course, exchange deposits don’t always guarantee selling ... the transfer could also be related to custody management, collateral movement, or internal restructuring , but moves of this size are always going to get the market talking.