Key notes
- Trump’s development team has transferred $ 19.6 million tokens for major exchanges.
- Cumberland DRW market manufacturer has transferred 300,000 Trump tokens to OKX Exchange.
- Dumping closely precedes high -level dinner with the best Trump holders to be held on May 22.
US President Donald Trump’s official Trump
ASSET
$ 14.21
24h volatility:
7.5%
COURTIC CAPESSION:
$ 2.83 B
Flight. 24 hours:
$ 1.37 B
The token, which had recently skyrocketed following the media threw surrounding a private invitation with the potus, underwent strong pressure after a discharge of massive token by initiates.
At the time of the press, the Trump token is negotiated at a loss of 5%, driven by a confluence of lower catalysts, including more than 24 million dollars in combined tokens by the team and market manufacturers.
The Trump and Cumberland team flood the market
According to Lookonchain chain analyzes, portfolios linked to the Trump team have deposited $ 19.6 million tokens in major centralized exchanges, including Binance, Okx and Bybit.
A portfolio linked to $ Trump The team deposited 1,346,000 $ Trump($ 19.58 million) in #Binance,, #OkxAnd #Bibit 9 hours ago. pic.twitter.com/g4cuibrqvq
– Lookonchain (@lookonchain) April 29, 2025
Ventilation:
- Binance: 700,000 Trump tokens, worth around $ 10.21 million
- OKX: 350,000 tokens, valued at $ 5.1 million
- Breddiction: 296,000 tokens, totaling approximately $ 4.3 million
Adding to sales pressure, the first Cumberland DRW market has transferred 300,000 additional Trump tokens to OKX, or $ 4.4 million.
Combined, this represents more than $ 24 million in token deposits, a decision that triggered panic among retail holders. The moment, a few weeks before the high -level dinner of May 22, amplified the concerns that initiates could go out.
In particular, American Democratic Senators Adam Schiff and Elizabeth Warren officially asked for an ethics investigation into private dinner organized by Trump for Trump tokens holders.
Their letter of April 25 to the director of the Office of Government Ethics, Jamieson Greer, stresses that dinner, which coincided with a net price rally, may have misleaded investors and influence the financial markets.
Technical analysis: signs of exhaustion and downward reversal
At the time of the press, Trump is negotiated at $ 14.11, down compared to a recent summit of $ 15.59. The token violated the key support at the level of retracement of 0.618 Fibonacci ($ 14.12) and now flirts with the level of 0.786 to $ 13.78.
If it does not hold here, the next main target down is the FIB 1,618 extension around $ 11.86, followed by a deeper support at $ 9.56 and $ 7.26.
4h Tomment Tomment Price | Source: tradingView
The relative resistance index (RSI) fell to 62.59, cooling compared to its recent surachat levels over 80. This Divergence RSI suggests that the bull’s shift furs. A decrease below 50 could confirm a stronger lower ventilation.
Meanwhile, Bollinger (BB) bands are starting to sneak, signaling a drop in volatility and the potential of a decisive movement. Price action exceeding the band medium (20 SMA), currently at $ 14.02, refers to weaken support.
A bullish scenario would force Trump to recover the higher FIB levels, in particular the area from $ 15.00 to $ 15.59. A closure above this resistance could open the door to new heights.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
