TRUMP meme coin team transfers $249 million in tokens to exchanges

The TRUMP meme coin team has transferred approximately 81.87 million tokens to centralized exchanges, including Binance and OKX, over the past eight months. Based on the transfer price, this volume is valued at roughly $249 million, representing about 8.2% of the total token supply. While these movements indicate significant liquidity shifts, it has not been confirmed whether these transfers resulted in actual sales or liquidations.

In a separate development, the TRUMP project is organizing a dinner for major token holders on November 22 at the Trump National Golf Club in Virginia. The event will host the top 185 holders based on a time-weighted scoring system. The top 29 participants will attend a VIP reception, and the top four holders will receive 18-karat gold Trump watches. The event follows previous discussions regarding ethics regulations for officials holding digital assets.