Here’s what happened in crypto today
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- Trump Media sold Bitcoin totaling 7,281 BTC worth about $545 million over the past seven months, per Lookonchain's analysis.
- The average selling price across those transactions was $74,855 per BTC, according to Lookonchain.
- Trump Media retained 4,261 BTC worth $269.8 million at the time of publication, per Arkham blockchain data.
- The latest Bitcoin transfers came as Trump Media launched Truth API, a paid data service offering real-time access to Truth Social posts.
- Truth API reportedly costs up to $100,000 per month, providing companies a "direct, licensed, real-time feed" of the platform's content.
- Lookonchain calculated the $545 million in cumulative sales across roughly seven months of reported transactions.
Why it matters: Trump Media has systematically liquidated 7,281 BTC over seven months at an average price of $74,855 per coin, shrinking its treasury to 4,261 BTC worth $269.8 million. The steady sell-off coincides with a strategic pivot toward premium data products, with Truth API priced at up to $100,000 per month for real-time Truth Social feeds.
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