BREAKING

Arkham Analysis Reveals Trump Team Holds $500 Million in TRUMP Tokens, Not Sold as Previously Claimed

SOL

SOL/USDT

$71.81
+4.13%
24h Volume

$2,195,424,966.23

24h H/L

$72.62 / $68.72

Change: $3.90 (5.68%)

Long/Short
76.4%
Long: 76.4%Short: 23.6%
Funding Rate

+0.0069%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$71.69

2.81%

Volume (24h): -

Resistance Levels
Resistance 3$79.27
Resistance 2$76.1383
Resistance 1$73.0883
Price$71.69
Support 1$69.8233
Support 2$66.7667
Support 3$60.13
Pivot (PP):$71.2633
Trend:Downtrend
RSI (14):46.7

According to a recent report by Arkham Analysis, the Trump team has not divested $500 million in TRUMP tokens as previously asserted. The analysis reveals that this team retains an estimated $500 million in on-chain liquidity pools, having only executed withdrawals totaling $20 million in USDC. Furthermore, there is evidence indicating that the team has transferred an additional $92 million in TRUMP tokens to a centralized exchange (CEX). This clarification comes on the heels of claims made by cryptocurrency analyst Konr, who suggested that the Trump team had sold approximately $500 million worth of TRUMP tokens. Given the volatility of the cryptocurrency market, such disclosures emphasize the importance of accurate reporting and due diligence for investors navigating the ever-evolving digital asset landscape.

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