The Trump Meme Team withdrew $6.77 million in liquidity before moving $20 million to exchanges, sparking fear of a massive token sell-off amid market volatility.
Investors were concerned about the large transfer of TRUMP tokens to Binance and OKX, anticipating a potential price drop due to the significant move by the team.
Despite the panic and large exchange transfers, the TRUMP coin price increased by 1.08% in the last 24 hours, showcasing resilience in the face of potential sell-off speculation.
Whale activity by the Trump Meme Team has raised alarms in the crypto community, with on-chain data revealing strategic token movements post-liquidity withdrawal, leading to market uncertainty.