TRUMP token team shifts roughly 4.9M tokens to institutional custody amid $12–17M valuation discrepancy, stoking selloff fears

On May 11, on‑chain data showed the Official TRUMP meme team’s allocation wallet moved 4.915 million TRUMP tokens from an 80% supply‑lock wallet to custody addresses; reporting identified a Fireblocks institutional custody address and transfers tied to BitGo custody ^{[1] [2] [3]}.

News outlets reported different valuations for the moved tokens: Finbold put the amount at roughly $12.09 million, while CoinGape and other reports cited figures near $17 million; the movement was attributed to Arkham Intelligence on‑chain tracking in multiple accounts ^{[1] [4] [2]}.

Coverage noted that the transfers coincided with price pressure on TRUMP, with some outlets describing the activity as signaling a potential near‑term selloff or a strategic fundraise, though none of the cited reports provided an official statement from the team explaining the transfers ^{[4] [3] [1]}.

On‑chain movements of 4.915 million TRUMP to institutional custody were reported across multiple outlets; reported dollar values vary by source, and coverage links the transfers to immediate market pressure but does not establish the team’s intent ^{[1] [4] [2] [3]}.