The Official Trump (TRUMP) token experienced an 8% decline during a 24-hour period ending August 26, settling near $2.27 amid on-chain movements from wallets associated with the project team.
Blockchain analytics identified that wallets tied to the TRUMP initiative withdrew $3.39 million in USDC during a 10-hour timeframe on the Solana network. Rather than executing direct market sales, these wallets deployed liquidity positions that automatically converted TRUMP tokens to USDC as market participants executed trades.
Additional transfers included approximately 646,000 TRUMP tokens moving to OKX exchange, along with a separate transfer of 2.62 million tokens valued at roughly $6.2 million. The token declined from approximately $2.46 to an intraday low near $2.16 before experiencing a modest recovery.
Despite the daily retreat, TRUMP continues to show approximately 61% growth over the weekly timeframe, advancing from roughly $1.40 during the previous week. The token maintains positioning above its 20-day exponential moving average at $1.86.
A scheduled vesting release of 28.7 million TRUMP tokens is set for September 18, designated for project insiders and comprising 2.9% of total circulation. This represents the 19th of 34 planned unlock events extending through December 2027.
Research from Public Citizen calculated that approximately 1 million individual wallets are currently holding unrealized losses totaling $3.2 billion since TRUMP's initial launch on January 17, 2025. Meanwhile, the top 1% of profitable holders secured approximately $2.7 billion.
