According to newly disclosed data from blockchain monitoring platform Onchain Lens, a distribution wallet linked to Donald Trump (address identifier Aduis...PUU4) recently executed a notable on-chain transaction.
This wallet has transferred a total of 5.267 million TRUMP tokens to a custodial wallet under BitGo, with the current market valuation reaching up to $22.44 million.
This significant transfer has sparked considerable discussion within the crypto community, with some analysts suggesting it could be part of an institutionalized holding strategy.
Notably, while TRUMP tokens have seen frequent on-chain activity since their launch, such large single-transaction movements remain relatively rare. Market observers are closely watching for potential price fluctuations or secondary effects that might follow.