Official Trump team unlocks $16.9M in TRUMP – Bearish signal?

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A team-linked address transferred 10.837 million TRUMP tokens valued at $16.91 million, marking the third batch of transfers over five months totaling 48.25 million tokens. At press time, TRUMP traded around $1.56, down 2.46% over 24 hours and 4% weekly, with trading volume declining 17%. Futures netflow fell to -$2.32 million, signaling capital retreat from derivatives exchanges, while spot netflow turned positive at $107,000, indicating potential selling pressure from increased deposits. Technical indicators suggest consolidation likely between $1.50 and $1.60, but a break below $1.50 could push the price toward $1.40.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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