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Home›Crypto›Market Structure›Trump Media-linked wallets transfer $165 million in bi…

Trump Media-linked wallets transfer $165 million in bitcoin to Crypto.com

The Block says the move leaves 4,261 BTC in tracked wallets and follows a similar transfer to Crypto.com in May described as part of a trading strategy, not a sale.

Reported · Written up by our desk · Market Structure

The Block reports that bitcoin moved from Trump Media-linked wallets to Crypto.com, with on-chain activity totaling $165 million.

The company said a similar transfer to Crypto.com in May was part of a broader trading strategy and did not represent a sale, according to The Block.

After the latest transfer, 4,261 BTC remain in tracked wallets, according to the report.

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Sources

The BlockTrump Media-linked wallets move $165 million in bitcoin to Crypto.com, leaving 4,261 BTC in tracked wallets

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