Trump Media Shifts $165M in Bitcoin to Crypto.com
Wallets tied to Trump Media just moved $165 million in bitcoin to Crypto.com while keeping over 4,200 BTC in tracked addresses.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- Trump Media-linked wallets transferred $165 million in BTC to Crypto.com.
- Tracked addresses still hold 4,261 BTC following the transaction.
- The firm previously framed a similar May exchange transfer as a trading strategy, not a sale.
Wallets tied to Trump Media just parked $165 million worth of bitcoin onto Crypto.com. Huge deposit, sure. But onchain tracking proves the firm is still holding onto 4,261 BTC across its identified addresses.
Exchange moves this massive usually trigger instant sell-off panic among retail traders. But this isn't the first time the company's pulled this trick. Back in May, Trump Media ran the exact same play with Crypto.com. They later claimed that May transfer was just part of a broader trading strategy, not an outright dump of their reserves.
Why it matters
When corporate players drop big money onto an exchange, market sentiment takes a hit. Period. Whether Trump Media is rebalancing collateral or gearing up to trade, pushing $165 million onto a centralized platform puts serious liquidity within pressing distance of the execute button. Keep your eyes glued to those remaining 4,261 BTC.
Source: The Block
Top Crypto Casinos Right Now
🇺🇸 Showing sites that accept players from United States Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-facing book that pays a premium for crypto deposits: 125% against 100% for cash, with fee-free deposits across five coins.
- KYC
- Required
Restricted countries: Australia, Afghanistan, Bulgaria, Central African Republic, Congo - Brazzaville, Eritrea, France, Guinea-Bissau and 16 more.
More info Less info
Why we chose it: BetNow's casino floor with the biggest match bonus we list. The 200% headline deserves a careful read of the code terms behind it.
- KYC
- Required
Restricted countries: Australia, Afghanistan, Bulgaria, Central African Republic, Congo - Brazzaville, Eritrea, France, Guinea-Bissau and 16 more.
More info Less info
Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.
- KYC
- Required
Restricted countries: New Jersey (US).
Sofia Marek
Sofia reviews exchanges and crypto casinos, focused on fees, safety and what actually reaches the player.
