Official Trump (TRUMP) Price: Team Wallets Pocket $3.39M as Token Slides 8% After Huge Rally

TLDR

• TRUMP fell more than 8% in 24 hours to around $2.27 after team-linked wallets cashed out $3.39M in USDC
• Wallets supplied TRUMP into liquidity positions on Solana rather than placing direct sell orders
• Despite the drop, TRUMP is still up 61% over seven days from a low of around $1.40
• A vesting unlock of 28.7 million tokens is scheduled for Sept. 18, equal to 2.9% of total supply
• Public Citizen estimates TRUMP investors are down a combined $3.2 billion since the token launched

Official Trump (TRUMP) fell more than 8% over 24 hours to around $2.27 on Aug. 26, following on-chain activity tied to team-linked wallets that converted millions of dollars’ worth of tokens into USDC.

On-chain analyst Lookonchain reported that wallets connected to the Official Trump team collected $3.39 million in USDC over a 10-hour window on Solana. The wallets used liquidity positions rather than direct market sells, supplying TRUMP into ranges that converted to USDC as buyers traded through them.

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