Trump creators send USD $ 4.5 million to Coinbase before the unlocking event

A wallet linked to Token Trump withdraws a significant amount of funds in Solarium And send them to Coinbase, fact that occurs just one day before the event of asset unlocking by the project.

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• A wallet linked to Token Trump He withdrew USD $ 4.5 million from Dex Meteora in Solarium.
• The funds were transferred to Coinbase after being transferred to the network of Ethereum.
• The retirement occurs a day before tokens are unlocked for more than USD $ 312 million.

A cryptocurrency wallet associated with Token Trump —The Memecoin based on US President has made remarkable movements in recent hours, just before an important event for the project.

According to recently published reports, yesterday said USD USD $ 4.5 million from the decentralized exchange (Dex) Meteora on the network Solarium, and transferred the funds to Coinbase After moving them to Blockchain of Ethereum.

Unpublished movement before a massive unlock

The funds, called in USDC, They had previously used as liquidity in a trading pool that matched the token Trump With this stablecoin. The retirement marks the first time that this wallet actively interacts with the deposited funds.

According to on-chain records, USDC They were first sent from Solarium toward Ethereum, and then transferred directly to a deposit address in Coinbase. The movement has generated speculation due to the moment chosen, since all this occurs Just one day before a significant volume of tokens is unlocked Trump.

The Token was released on January 17, 2025, with only 20% of its supply initially available for the public. The remaining 80% – about 800 million tokens – remained in the hands of the developer and strategic allies, with an unlock schedule that extends for two years.

The first round of release is scheduled for April 17, at which time 40 million will be released Tokens Valued approximately at USD $ 312 million at the time of edition. The arrival of such liquidity to the market generates the expectation of a possible drop in the price of Trump if the sales orders are triggered.

A remarkable case in the memecoin sector

In its early days, the token Trump It reached a maximum market assessment of USD $ 15,000 million, just 48 hours after its launch. However, since then it has suffered a loud fall of 89%.

Despite this strong correction, the asset is still positioned as the number 61 cryptocurrency for market capitalization, with an assessment close to the USD $ 1.6 billion.

This behavior is not unusual in the world of Memecoins, which usually experience large speculative cycles. However, the proximity of retirement with the planned unlocked generates some fear between users and investors.

Regarding project management, according to the official website of the Memecoin, the company CIC Digital LLC, Controlled in its entirety by Donald Trump according to his financial declaration of 2024, it is the entity that will receive the tokens in reserve.

At the time of editing, the token Trump It is quoted at USD $ 7.8 per unit, a figure that represents a 1.25% drop in the last 24 hours.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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