Large Transfer of 'Official Trump' to Binance... Approximately 156 Billion KRW

Son Min

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.

TRUMP

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

Large Transfer of 'Official Trump' to Binance... Approximately 156 Billion KRW

PiCK News

US spot Ethereum ETFs see $57 million in net inflows a day after outflows

US spot Bitcoin ETFs see $144.9 million in net inflows a day earlier…second straight session

Banking industry: ‘Stablecoin issuers should be vetted for at least a year before getting a Fed payments account’… Clash over ‘skinny accounts’

Democratic Party formalizes push to disperse crypto exchange governance… “Move quickly on the Framework Act on Digital Assets”

Fed pushes to introduce 'skinny master accounts' within this year, creating a workaround as crypto legislation stalls

Trending News