Trump Token Moves Millions to Exchanges Amidst Price Surge

President Donald Trump’s own cryptocurrency, TRUMP, recently saw a significant movement of funds. On-chain analytics firm EmberCN revealed that the TRUMP team transferred $19.5 million worth of TRUMP tokens to major exchanges within hours. This transfer involved sending 700,000 TRUMP to Binance, 350,000 TRUMP to OKX, and 296,000 TRUMP to Bybit, respectively. The timing coincides with a recent surge in the price of TRUMP, which has jumped by over 70% in just seven days. This increase follows rumors that Trump would host a dinner for TRUMP token holders, leading to an even stronger boost in the token’s value.