TRUMP team has cashed out $249 million worth of tokens over the past 8 months, still holds $1.49 billion worth of TRUMP.

BlockBeats news, October 3rd, according to Ember monitoring, the TRUMP token team has unlocked and cashed out $249 million over the past 8 months: a total of 81.87 million TRUMP tokens ($249 million) have been transferred out from the team wallet, and these tokens entered CEXs such as Binance and OKX at an average price of $3.04.

The team owns 80% (800 million tokens) of the token allocation. By cashing out $249 million, they have only sold 8.2% of the tokens. The team still holds as much as 71.8% (718 million tokens) of TRUMP tokens, worth $1.49 billion.