Trump Team Shifts $16.9M More in TRUMP Memecoin to Bitgo as Total Hits $172M in Five Months

The wallet tied to the Trump team’s TRUMP token allocation moved another 10.84 million tokens, worth $16.91 million, toward custodian Bitgo on July 25, extending a pattern the team has repeated for months.

Blockchain analytics platform Lookonchain reported the transfer, noting that tokens are typically routed through Bitgo before landing on exchanges for eventual sale. Lookonchain’s data on the Trump team wallet has repeatedly preceded price swings in TRUMP over the past several months.

The latest transfer is not an isolated event. The project’s team has moved a cumulative 48.25 million TRUMP, worth approximately $172.4 million, across three separate batches over the past five months. This builds on a longer-running pattern tracked since earlier this year, with previous transfers of roughly $31.45 million and $23.18 million to Bitgo in prior tranches.

TRUMP is trading near $1.55 at press time, a fraction of its price shortly after its January 2025 launch on Solana. The token has declined roughly 96% from its peak, leaving hundreds of thousands of wallets sitting on billions of dollars in unrealized losses.

Trump-affiliated entities control roughly 80% of the token’s total supply under a three-year vesting schedule, a structure that has drawn criticism from lawmakers and ethics watchdogs concerned about conflicts of interest. Each fresh custody transfer tends to further ignite that debate.

DeFi analysts say concentrated team-held supply of this scale is unusual even by meme token standards, giving a small group of wallets outsized influence over available liquidity whenever tokens move toward exchanges. The token saw explosive early demand before giving back the bulk of its gains as initial excitement faded and vesting unlocks began feeding new supply into the market.

Source: https://news.bitcoin.com/trump-team-trump-token-bitgo-transfer-july-2026/