BEARISH 55 The Defiant 36M ago · 1 min read

Trump Media-Linked Wallets Send 4,259 BTC to Crypto.com

AI summary

Wallets linked to Trump Media moved 4,259 BTC to Crypto.com, roughly 30% of the bitcoin treasury the company disclosed as of July 31. Arkham tags both sending wallets as convertible-note collateral. Traders will watch whether the transfer precedes a sale or is collateral management, since a disposal of that size could weigh on BTC sentiment and on the company's crypto-linked holdings.

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