Trump Media transferred 2,628 BTC ($165M) to Crypto.com; cumulative unrealized and realized losses estimated at $555M on its 11,542 BTC holdings.
Macro & Markets ·
Addresses tied to Trump Media (NASDAQ: DJT) moved 2,628 BTC valued at approximately $165 million to Crypto.com, according to blockchain analysis. The company had previously acquired an estimated 11,542 BTC at an average entry price near $118,500 per coin. Through the year to date, related addresses have sent out roughly 7,281 BTC while retaining approximately 4,261 BTC in holdings.
The combined realized and unrealized losses across the portfolio are estimated at approximately $555 million. Transfers to an exchange wallet do not necessarily signal an imminent sale or liquidation; such movements can reflect custody or operational management decisions rather than market exits.
The precise timing and intent behind the Crypto.com transfer remain undisclosed. No announcement from Trump Media has been made regarding the company's strategy for its bitcoin holdings or any planned reductions in its position.