Trump's 'Four-Term' Joke Follows... 17 Million-Dollar-Sized TRUMP Tokens Move to Exchange

Following Donald Trump's joke about running for a fourth presidential term, approximately $16.91 million worth of TRUMP tokens were reportedly moved to exchanges. While actual sales have not been confirmed, concerns resurfaced about project-linked token supply entering the market, heightening investor caution. Blockchain media CryptoSlayer reported that TRUMP project-linked wallets moved 10.84 million TRUMP tokens recently, potentially routed through custodian BitGo to exchanges. Though no immediate sales were confirmed, the continuous movement of project-controlled tokens raised concerns about supply pressure. The token movement gained attention as it coincided with Trump's remarks at a White House press dinner, where he jokingly declared his intent to run for a fourth term. Although markets dismissed the political symbolism, prediction markets like Polymarket showed only a 4% probability of constitutional term limits being removed, with minimal trading volume. Investors focused more on supply flows, as project-linked wallets moved 48.25 million TRUMP tokens (worth ~$172.4 million) over five months, coinciding with a 66% price decline. While token movements don't necessarily signal immediate sales, past precedents suggest investors view future sell-offs as a risk factor.