A wallet tied to the Official Trump meme coin team moved 11.01 million SOL, valued at $26.65 million, in a transfer flagged by blockchain analysts. The move follows an established pattern of significant token movements ahead of scheduled supply releases.
A vesting unlock of 28.7 million TRUMP tokens—representing approximately 2.9% of total supply—is scheduled for September 18. This is one of 34 planned unlocks running through December 2027 as part of the project's original tokenomics, designed to gradually release roughly 80% of total supply that was never made available at launch.
The Official Trump Meme Team wallet has offloaded well over $150 million worth of TRUMP-linked tokens onto exchanges since April, employing multiple transfer mechanisms:
- In June, the team moved $32.8 million worth of tokens to Binance in a single transaction
- In August, wallets tied to the project withdrew $3.39 million in USDC from TRUMP liquidity pools over roughly 10 hours
- A separate wallet linked to the project moved $17 million in TRUMP to Bitgo custody
TRUMP currently trades near $2.41, representing a decline of roughly 97% from its peak of $73.43 in the days following its January 2025 launch. Large token unlocks typically add supply pressure to markets, and project teams holding significant allocations often execute transfers ahead of such releases rather than during price declines.
