- Trump Media moved 2,650 BTC worth $205M to Crypto.com, sparking selloff speculation.
- The company’s Tr Bitcoin position is facing an estimated unrealized loss of roughly $455 million.
- Bitcoin traders are closely watching major liquidation zones near $77K.
Trump Media & Technology Group is once again drawing attention across the crypto market after on-chain trackers spotted another massive Bitcoin transfer tied to the company.
According to blockchain analytics firm Lookonchain, wallets linked to Trump Media moved 2,650 Bitcoin worth roughly $205 million to Crypto.com.
The transaction immediately sparked speculation that the company could be preparing to reduce part of its Bitcoin exposure as the broader crypto market remains under pressure.
A $1.37 Billion Bitcoin Bet Is Now Deep Underwater
Trump Media previously accumulated around 11,542 BTC at an estimated average purchase price of $118,522 per coin, putting the company’s total Bitcoin investment near $1.37 billion.
However, with Bitcoin currently trading near $77,500, the company’s crypto position is now sitting on an estimated unrealized loss of roughly $455 million.
After the latest transfer, Trump Media is believed to still hold around 6,889 BTC worth approximately $533 million at current market prices.
This is not the first major Bitcoin movement tied to the company. About four months ago, Trump Media transferred 2,000 BTC worth around $175 million when Bitcoin traded near $87,000.
At the time, analysts suggested the transfer may have been related to collateral or hedging activity rather than a direct sale.
Is Trump Media Selling Bitcoin?
So far, there has been no official statement from Trump Media explaining the latest transfer.
While exchange deposits often trigger fears of selling pressure, analysts caution that large crypto movements do not always mean assets are being liquidated. The transfer could also be connected to custody changes, internal treasury management, or collateral positioning.
Still, traders are watching closely because transactions of this size can impact overall market sentiment, especially during periods of heightened volatility.
Bitcoin Traders Watch Key Price Levels
The timing of the transfer also comes as Bitcoin trades near major liquidation zones that many traders are monitoring carefully.
Market analysts say the most important short-term price levels currently sit between $77,700 and $79,000 on the upside, while major support zones remain between $76,000 and $76,600.
Large liquidation clusters around those levels have increased expectations of sharp price swings in the near term as traders position for Bitcoin’s next move.
Despite the uncertainty surrounding Trump Media’s transfers, the event highlights how closely institutional Bitcoin activity is now being watched by crypto investors worldwide.
Related: Bitcoin Faces Familiar Bearish Pattern as Analysts Warn of 2022-Style Breakdown Risk
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
