Trump Team Transfers $16.9M in TRUMP to Bitgo; $172.4M Cumulative Over Five Months

TRUMP-1.65%
According to blockchain analytics platform Lookonchain, the Trump team allocation wallet transferred 10.84 million TRUMP ($16.91 million) to institutional custodian Bitgo on Saturday. This represents the latest in a series of custody moves; the team has cumulatively transferred 48.25 million TRUMP ($172.4 million) across three separate batches over the past five months since the token's January 2025 Solana launch. TRUMP is trading near $1.55, down approximately 96% from its peak, as ongoing transfers fuel debate among lawmakers and ethics watchdogs over conflicts of interest tied to concentrated team supply.
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