DUMPING? WHEN THE PROJECT TEAM $TRUMP PULLS IN MORE THAN 16 MILLION USD ON THE EXCHANGE!
In the midst of the market being engulfed in extreme panic, those holding Memecoin/Politi-Fi just received another "stunning" blow directly from the development team of the TRUMP project!
📊 Breakdown of the 16 Million USD Dump:
- In the past 2 hours, a custody wallet address has directly deposited 5.48 million TRUMP tokens onto the exchange.
- At the current price, this batch about to be liquidated has a total value of up to 16.06 million USD.
- On-chain detectives have traced the flow of funds and uncovered the harsh truth: All of these tokens originate from the project's team allocation wallet.
Two months ago, the team stored a total of 18.14 million tokens worth 81.64 million USD at that time in this custody wallet.
💡 Personal Perspective:
- For any Crypto project, the act of the development team (Dev) bringing tens of millions of dollars worth of tokens to the CEX exchange is always a deep red alarm signal.
- The action of offloading from the Custody wallet to the exchange usually serves only one sole purpose:
Realizing profits to recover cash liquidity!