{"id":72352,"date":"2026-05-11T11:27:46","date_gmt":"2026-05-11T11:27:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again\/"},"modified":"2026-05-11T11:27:46","modified_gmt":"2026-05-11T11:27:46","slug":"trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again\/","title":{"rendered":"Trump Meme Team Moves $17M in TRUMP to Bitgo as Allocation Wallet Stirs Again"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The TRUMP meme team wallet moved $17.22M in tokens to Bitgo custody on May 11.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">This is the third major Bitgo transfer; prior moves of $31.45M and $23.18M preceded price drops.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">TRUMP has fallen roughly 96% from its 2025 peak, yet team allocation wallets remain active.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">What the Bitgo Transfer Signals<\/span><\/h2>\n<p><span style=\"font-weight:400\">The official Trump meme team allocation wallet transferred 4.915 million TRUMP tokens to an intermediate wallet identified as 3S7zwP, which then deposited a combined 7 million TRUMP, valued at $17.22 million, into Bitgo\u2019s custody infrastructure.<\/span><\/p>\n<figure id=\"attachment_813144\" aria-describedby=\"caption-attachment-813144\" style=\"width:1670px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-813144\" class=\"wp-caption-text\">Onchain data showing Tump Meme Team\u2019s latest $17M move<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The move is not isolated, as onchain records reveal a pattern of significant transfers from team-controlled wallets over the past year or so. In January 2025, the meme team sent approximately 9 million TRUMP tokens, worth $31.45 million at the time, to Bitgo institutional wallets and then another 6.97 million TRUMP, worth $23.18 million, to the same account. Sunday\u2019s movement marks the latest chapter in what has become a recurring pattern of large-scale token flows from team wallets.<\/span><\/p>\n<p><span style=\"font-weight:400\">Bitgo, a leading institutional custodian known for its multi-signature security and cold storage infrastructure, is commonly used by exchanges, funds, and project teams to manage and secure large digital asset holdings. While custody transfers do not automatically signal intent to sell, the timing and scale of these movements have historically preceded exchange-side activity for the TRUMP token.<\/span><\/p>\n<h2>A Token Under Pressure<\/h2>\n<p><span style=\"font-weight:400\">TRUMP, a Solana-based <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-memecoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">meme coin<\/a>, a type of <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> driven primarily by community sentiment rather than utility, launched in January 2025, days before Donald Trump\u2019s presidential inauguration. The token <\/span><a href=\"https:\/\/news.bitcoin.com\/trump-and-melania-tokens-2-months-later-a-presidential-meme-coin-experiment\/\"><span style=\"font-weight:400\">hit an early high<\/span><\/a><span style=\"font-weight:400\"> that has since collapsed roughly 96%, drifting between $2.40 and $2.96 in recent weeks. The token\u2019s decline has not deterred the project team from continuing to use its allocation wallet actively.<\/span><\/p>\n<figure id=\"attachment_813145\" aria-describedby=\"caption-attachment-813145\" style=\"width:955px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-813145 size-full\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again2_nwmk.jpg\" alt=\"\" width=\"955\" height=\"461\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again2_nwmk-300x145.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again2_nwmk-768x371.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/trump-meme-team-moves-17m-in-trump-to-bitgo-as-allocation-wallet-stirs-again2_nwmk.jpg 955w\" sizes=\"auto, (max-width: 955px) 100vw, 955px\"\/><figcaption id=\"caption-attachment-813145\" class=\"wp-caption-text\">TRUMP token\u2019s performance since its launch in early 2025.<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The movements have <\/span><a href=\"https:\/\/news.bitcoin.com\/senators-probe-trump-token-activity-as-political-and-financial-risks-emerge\/\"><span style=\"font-weight:400\">drawn scrutiny from U.S. legislators<\/span><\/a>,<span style=\"font-weight:400\"> with Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal investigating the TRUMP token and citing concerns over conflicts of interest and the financial risks posed to retail holders (who may not understand the project\u2019s tokenomics or team allocation structure).<\/span><\/p>\n<p><span style=\"font-weight:400\">With 80% of TRUMP\u2019s total supply controlled by Trump-affiliated entities and subject to a three-year vesting schedule, any visible movement from allocation wallets naturally prompts concern. The three-year lock does not prevent smaller tranches from flowing through custodians, and the repeated pattern of Bitgo-to-exchange routing, seen in previous transfers, has consistently weighed on price.<\/span><\/p>\n<p><span style=\"font-weight:400\">As <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> trades around $81,000 and broader <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> sentiment remains cautious, retail TRUMP holders face an asymmetric risk, which is a token already down 96% from its peak, with a well-funded insider wallet continuing to move tokens through institutional channels.<\/span><\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/trump-token-bitgo-custody-transfer-may-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The TRUMP meme team wallet moved $17.22M in tokens to Bitgo custody on May 11. This is the third major Bitgo transfer; prior moves of $31.45M and $23.18M preceded price drops. TRUMP has fallen roughly 96% from its 2025 peak, yet team allocation wallets remain active. [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":72353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72352"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72352"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72353"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}