A wallet associated with the TRUMP token group transferred 3.5 million tokens, valued at about $52.66 million, on May 10, 2025, to major exchanges like Binance, OKX, Bybit, and Coinbase. Such a large transfer could significantly impact the token's price and increase volatility.

This move, coupled with market maker Cumberland DRW transferring 300,000 TRUMP tokens, raises concerns of a potential large-scale exit strategy. Conversely, traders closely monitor these actions, which might just be risk hedging and order book balancing.

The activity comes ahead of a political event, highlighting the token's connection to notable figures. Despite fears, TRUMP's price increased slightly but remains prone to fluctuations depending on large holder decisions.