Arkham: The Trump team did not sell 500 million dollars of TRUMP
According to Arkham analysis, the Trump team did not sell $500 million worth of TRUMP. It pointed out that the team holds about $500 million in TRUMP liquidity pools on-chain, and they have withdrawn a total of $20 million (as USDC) from these pools.
In addition, the team seems to have sent $92 million worth of TRUMP to exchanges. 80% of TRUMP is locked up, with 10% used for liquidity and 10% for "public distribution". 100 million TRUMP was sent to TRUMP liquidity providers, which increased liquidity on Meteora, while another 10% was distributed to three wallets.
Among these wallets, three added liquidity on Meteora: The TRUMP Liquidity Provider wallet, the Trump Team Wallet 1 and the Trump Team Wallet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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