Summary
- A large amount of 'Official Trump' has been transferred to Binance, confirmed to be worth 156.3 billion KRW.
- Large deposits to exchanges typically lead to increased selling pressure.
- The current price of TRUMP has fallen 29.35% compared to the previous day.
A large amount of Official Trump (TRUMP) has been transferred to Binance.
On the 20th (local time), Whale Alert announced on X that "2,819,426 TRUMP has been transferred from an anonymous address to Binance," stating "This is approximately worth 10.39 million USD (about 156.3 billion KRW)."
Typically, large deposits to exchanges can lead to increased selling pressure, which can cause short-term volatility.
As of 9:01 PM, TRUMP is trading at 37.87 USD on the Binance USDT market, down 29.35% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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