TRUMP holds $2.30 after Ceffu's $9.27M Binance deposit

Ceffu moved 3.706 million TRUMP tokens, worth $9.27 million, to Binance, putting fresh supply within reach of the exchange's order book. The deposit lands while TRUMP holds a recovery that began from the $1.347 support zone.

An exchange deposit removes the need for a separate exit venue; the tokens can be sold directly into Binance's order book. The transfer alone does not confirm a sale. Until the tokens move into the book, the deposit remains potential supply. The impact depends on whether bids absorb them at current levels or the supply presses price lower once it circulates.

Selling pressure predates the Ceffu move. The 90-day Spot Taker CVD, a measure of aggressive buy versus sell volume, runs seller-dominant across the measured three-month window, according to the flow data. Aggressive sell volume exceeds aggressive buy volume over that period. The seller bias reinforced distribution concerns even though TRUMP was recovering from its August lows. Ceffu's transfer feeds into that bias.