Trump Media Dumps Another $165M in Bitcoin — Ongoing Distribution Pressures BTC
Trump Media transferred 2,628 Bitcoin worth approximately $165 million to Crypto.com, according to blockchain analytics platform Lookonchain citing data from Arkham. The transfers bring the company's total reported sales over the past seven months to 7,281 BTC at an average selling price of $74,855 per coin. Trump Media originally purchased 11,542 BTC at an average price of $118,522 before beginning to sell, leaving current holdings at 4,261 BTC worth $269.8 million. The company has now sold 63%
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