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The key distinction here is between realized selling and overhanging supply. A team-linked address reportedly sold about 1.1M TRUMP for 2.94M USDC, while its roughly 3.837M TRUMP transfer to centralized exchanges is not proven to have been fully sold. That uncertainty may matter as much as the completed sale: buyers must price both current flow and the risk of additional distribution. If token movements pause and volume recovers, the pressure may prove temporary; further transfers or USDC withdrawals would strengthen the bearish signal. Not advice, just analysis. #TRUMPSellPressure