A wallet linked to the Official Trump meme coin team transferred 11.01 million SOL valued at $26.65 million in the latest of a series of large movements ahead of a scheduled token unlock. The wallet has now offloaded over $150 million in TRUMP-linked tokens since April.
Onchain analysts flagged the transfer, which occurred within hours of their detection. The movement continues an established pattern of substantial outflows from the Official Trump Meme Team wallet, with tokens regularly flowing to exchanges in advance of unlock events.
Why Is the Trump Meme Team Moving SOL Ahead of the Unlock?
The timing of these transfers raises questions about the team's strategy heading into September's scheduled token unlock. Previous transfers from the same wallet have followed a consistent pattern: large batches of TRUMP tokens moved to exchanges, converted to SOL or stablecoins, then withdrawn.
In one prior instance covered by Bitcoin News, the team netted $3.39 million from TRUMP token sales in a single stretch. Before that, a separate wallet associated with the project moved $17 million worth of TRUMP to BitGo custody, prompting renewed scrutiny of the token's distribution model and the team's liquidation strategy.
Transfer Event | Amount (SOL) | USD Value | Total Since April |
|---|
Latest transfer | 11.01M | $26.65M | $150M+ |
Previous TRUMP sales | — | $3.39M | — |
BitGo custody move | — | $17M | — |
What Should TRUMP Token Holders Watch Next?
Token holders should monitor the September unlock date closely, as unlock events typically trigger increased selling pressure. The Official Trump Meme Team wallet's ongoing transfers suggest preparation for either additional liquidity exits or positioning ahead of market movements tied to the unlock.
The cumulative $150 million in outflows since April represents a significant portion of the token's circulating supply, making the wallet's activity a key indicator for price action. Onchain tracking tools continue to flag new transfers from this address as they occur, providing real-time visibility into the team's moves.
With the unlock approaching, investors will be watching for any acceleration in transfer volume or changes to the established pattern of exchange deposits.
