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Donald Trump 1000 Eth is sent to Coinbase Hot Wallet

Although it cannot be denied that President Donald Trump was active in terms of cryptocurrencies since he took office, it was not the case, many were not in society.

Specifically, while many expected a fast and decisive step towards creating strategic bitcoin (BTC)-or a different reserve, “America first”, Trump and his family used the opening to launch multiple objective Mimi currencies.

Moreover, while FinBold was examining the data on the series to determine the current situation of the president Crossed currency portfolioWe discovered large flows from ETHEREUM (ETH) and ETHEREUM (WetH) from Trump’s personal encryption address.

Did Donald Trump empty more than 1000 eith?

In fact, the Eth Donald Trump’s balance decreased from approximately 500 to less than 6 years between January 22 and the time of the press on February 6.

The value of the Time Crafts Wallet at the time of Trump, along with the balances on January 22 and February 6. Source: Arkham

A closer examination was discovered that in the afternoon on January 23, the address that was identified was received as a major encryption currency portfolio of the president about 513 ethereum from another portfolio Associated Obtained icon code (NFT) revenue.

The arrival and departure of the ETH transferred to Coinbase Prime.
The Donald Trump’s Crypto wallet receives approximately 514 ETH before transferring 1004 to Coinbase Prime. Source: Arkham

After a few minutes, more than 1000 Eth was transferred either to Interpretation address Or a reception portfolio for central exchange before sending it to a Coinbase Prime Hot Wallet.

The two Transactions It was implemented Within 10 minutes From each other according to ETHERSCAN DataNearly the test that includes one ETH and the other is the main transport of 1004 ETH, minus fees.

The transactions that were transferred from Donald Trump to Coinbase Prime.
The four intermediate transactions leading from the encrypted currency title Donald Trump to Coinbase Prime. Source: ethescan

There is an end to the susceptibility to most of the series’s analysis when you enter the cryptocurrency, ETH in this case, an exchange wallet like Coinbase Prime due to asset assemblies and mixing them.

At this stage, ETH TROMP is mixed with Coinbase Prime’s holdings, and its individual path becomes more difficult to track more unless there is a similar external treatment that corresponds to its deposit.

While no violations can be claimed based on transactions alone, and the current state of the ETHEREUM hot wallet can not be determined based on data on the series, the rapid rise and the fall of the value of Meme Family, associated with February 3 Eric Trump S Post Saying “In my opinion, it’s time to add ETH”, raises some uncomfortable questions.

WLFI urges the audience not to speculate because it moves Crypto at a value of $ 300 million

At one time, it is worth noting that the platform for visions is on the chain The spot on the chain open On the evening of February 4 The world is financial freedom – The company in which Donald Trump is inserted as “Senior Cryotation Lawyer”, and Bron Trump as “Defi Visionary”, Eric Trump and Donald Trump JR. As “Web3 Ambassadors” – it moves huge amounts of cryptocurrency.

Specifically, the company transferred more than $ 300 million from 8 encrypted currencies to Coinbase Prime hours before X Post. Along with Ethereum, Bitcoin is among the assets that have been transferred. In late February 5, Eric Trump BTC supported at X mail However, “it looks like a great time to enter BTC!”

A social media statement also showed a missile – expressive symbols associated with “to the moon” – and also included a mention of The world is financial freedom.

Finally, despite the sequence of events that raise uncomfortable questions, it should be noted that the accurate movement of encrypted currencies and their condition at the time of the press is difficult to determine, and Global freedom Release statement Indeed on February 3, explaining that any noticeable transactions are “part of the regular treasury management, paying fees and expenses and handling working capital requirements.”

The company also confirmed that it “does not sell symbols” and that it “aims to be part of maintaining a strong, safe and effective wardrobe.” The world is financial freedom He also urged the audience not to speculate.

Distinctive image via Shutterstock

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