NEUTRAL 55 CoinDesk 33M ago · 1 min read

Trump Media-linked wallet moves $342 million in bitcoin to Crypto.com, Arkham data shows

AI summary

Blockchain data tracked by Arkham shows a wallet reportedly linked to Trump Media moving $342 million in bitcoin to Crypto.com. The transfer is large enough to draw attention, but the destination is an exchange, so it may reflect custody, trading or treasury management rather than a sale. Traders will watch whether the coins hit order books or stay in exchange custody, since that determines whether the move becomes real sell pressure.

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1 linked story · 2 outlets · since 5 Nov

33M AGO

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Trump Media-linked wallet moves $342 million in bitcoin to Crypto.com, Arkham data shows

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