Whale Withdraws 421,100 TRUMP Worth $3.05 Million From Binance — On-Chain Data Signals Accumulation
On November 4, 2025, on-chain analysts at OnchainDataNerd detected a major transfer involving the TRUMP memecoin, one of the most polarizing digital assets of the year.
A newly created wallet — identified as 45fbE — withdrew 421,100 TRUMP tokens from Binance, worth approximately $3.05 million at the time of the transaction.
The move occurred about one hour ago, according to blockchain data, marking one of the largest single TRUMP withdrawals from a centralized exchange (CEX) this week.
Why It Matters
The withdrawal comes at a time when TRUMP has been under significant pressure. The token has dropped over 90% from its all-time high, as the team behind the project seeks to raise a $200 million treasury to stabilize liquidity and fund development.
Large on-chain movements like this often signal that whales are moving tokens into cold storage — a potential indicator of long-term accumulation or preparation for off-exchange activity, such as staking, OTC trades, or governance participation.
“Fresh wallets withdrawing millions from exchanges is a classic early-accumulation signal,”
said @OnchainDataNerd on X (formerly Twitter).
“It suggests new entrants are positioning ahead of potential volatility.”
On-Chain Snapshot
| Metric | Value |
|---|---|
| Wallet Address | 0x45fbE… |
| Tokens Withdrawn | 421,100 TRUMP |
| Estimated Value | $3,052,900 |
| Source | Binance |
| Transaction Time | ~1 hour ago (Nov 4, 2025) |
| Network | Ethereum |
Etherscan data shows the wallet was created less than 48 hours ago, with no prior on-chain activity — strengthening the case that this is a new entrant or institutional participant rather than an internal transfer.
TRUMP Token Price Context
After soaring earlier this year amid political meme hype, TRUMP’s price has fallen from its June 2025 peak of $17.80 to just around $7.25 at press time — a 59% decline in 90 days.
Despite this, social sentiment has recently turned neutral-to-positive, fueled by growing speculation around U.S. election season narratives and increased DEX activity tied to TRUMP-themed tokens.
Possible Scenarios Behind the Withdrawal
Analysts outline three likely motivations for the $3M TRUMP withdrawal:
- Accumulation:
The buyer could be positioning for a rebound, expecting TRUMP to recover as election-related volatility heats up. - OTC or Private Deals:
Whales may be preparing to conduct off-exchange trades or distribute holdings among multiple wallets. - Strategic Treasury Coordination:
Given the project’s recent fundraising push, the withdrawal could be linked to internal liquidity management or team restructuring of reserves.
Market Reaction
The TRUMP token rose 3.2% in the hour following the withdrawal, according to CoinMarketCap, suggesting modest bullish sentiment among retail traders tracking whale wallets.
Meanwhile, trading volumes on Binance and Uniswap surged 18% within the same period, hinting that the move may have triggered short-term speculative interest.
Analyst Commentary
“Whales are watching the macro backdrop and election cycle closely,”
said Jacob Cane, market strategist at BlockInsights.
“Even if TRUMP remains volatile, a few large strategic buyers can shift sentiment fast in these thin-liquidity markets.”
Others, however, caution against reading too much into a single move:
“Not every big withdrawal equals accumulation,”
warned @DeFiWhaleWatcher.
“Sometimes it’s just cold-storage reshuffling — but it’s worth monitoring follow-up transactions.”
Bottom Line
While it’s unclear whether this $3.05M TRUMP withdrawal marks the start of a new whale accumulation phase, it underscores the increasingly active on-chain behavior surrounding memecoins as broader crypto markets remain volatile.
If TRUMP continues to attract deep-pocketed holders despite its price collapse, the token’s liquidity profile could shift — potentially setting the stage for a sharp rebound or renewed speculative frenzy later in Q4.
TL;DR:
A new wallet withdrew 421,100 TRUMP (≈$3.05M) from Binance, signaling possible whale accumulation amid a battered memecoin market. Analysts are watching for follow-up moves to confirm whether this is the start of a new buying phase or just another blip on the blockchain radar.
