A large transfer of $23 million worth of the official TRUMP memecoin ($TRUMP) has drawn attention to the cryptocurrency, but not in a positive way.
This activity, originating from wallets associated with the project’s team, is happening as the price is already facing difficulties breaking through a key resistance level. Similar transfers in the past have often led to coins being sent to exchanges, causing sudden and significant price swings, which suggests a possible sell-off could be coming.
With prices falling and large investors making big moves, the market is at a turning point. Is TRUMP coin about to crash, or is this a temporary dip designed to scare off investors before prices go up again?
Whale Movement Triggers Market Speculation
Recent blockchain data shows about $23 million worth of $TRUMP tokens were transferred from a wallet linked to the project team to a new address. This often suggests the team is preparing to distribute more tokens. Although it hasn’t been officially confirmed, the market often reacts to these types of transfers before they are fully processed. In the past, similar large transfers have resulted in more tokens becoming available on exchanges, which can temporarily lower the price. Given the current market conditions and existing concerns, this move has increased expectations of a price drop.
A large transfer of digital tokens just occurred: $23 million worth moved from a wallet linked to the team to a new wallet. This suggests more tokens might soon be sold on exchanges. We’re monitoring both wallets closely to track any further activity.
— onchainschool.pro (@how2onchain) March 25, 2026
However, looking at the activity of large cryptocurrency holders (known as ‘whales’) tells a more complicated story. The number of whales is currently at its highest level in months, hinting that some are quietly buying more. This situation – where some big holders might be selling while others are buying – creates a risky market where prices could change suddenly and dramatically.
TRUMP Coin Price Retest Support Zone: Rebound or Breakdown?
As a crypto investor, I’m watching TRUMP coin closely, and honestly, it’s looking pretty weak right now. The price keeps hitting resistance around $3.80 to $4.00 and failing to break through. Every time it tries and fails, that level gets stronger as sellers step in. This pattern of lower highs suggests bears are in control, and we haven’t seen enough buying pressure to really turn things around. It’s making me cautious about the overall trend.

The price of TRUMP coin is currently around $3.10, which has been acting as a temporary floor. However, a lack of strong buying activity suggests demand isn’t very strong. Trading volume indicates that recent price changes might be caused by people selling rather than buying, which supports a cautious view of the coin’s future.
Key Levels to Watch
Currently, the price is closely watching the $3.00–$3.10 support level, which is now key to preventing further drops. If the price falls below this, it could fall faster, potentially reaching the $2.60–$2.80 range where buyers might step in. To recover, the price needs to get back above $3.50–$3.60, which would suggest a short-term rebound. However, a strong and sustained increase would only happen if the price breaks decisively above $3.80, a level it has struggled to surpass in the past.
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2026-03-26 10:39