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Shiraz Jagati

TRUMP team allocation wallet sends 7M TRUMP ($17.22M) into Bitgo custody

On May 11, the TRUMP meme coin team's allocation wallet routed 7 million TRUMP tokens (about $17.22 million) into Bitgo custody, after first sending 4.915 million TRUMP to an intermediate address. The transfer follows earlier deposits to Bitgo in January 2025 totaling $31.45 million and $23.18 million that were later followed by price declines.