BTC USD is holding a precarious perch near $77,250, essentially flat on the day, while the market quietly absorbs a headline that should be making more noise than it is. Trump Media just moved over $200M worth of BTC to Crypto.com, and the timing couldn’t be more uncomfortable.
On-chain analytics platform Lookonchain flagged the transaction: Trump Media, the entity behind Truth Social and majority-owned by the Donald J. Trump Revocable Trust, transferred approximately 2,650 BTC, worth roughly $205M at current prices. The group originally accumulated 11,542 BTC at an average cost of $118,522 per coin, spending $1.37Bn in total during Bitcoin’s late-2024 surge.
Trump Media just sold 2,650 $BTC($205M)?
Trump Media bought 11,542 $BTC($1.37B) at an average cost of $118,522.
4 months ago, they transferred out 2,000 $BTC($175M) at $87,378.
An hour ago, they deposited another 2,650 $BTC($205M) into https://t.co/INIxikglp6.
Trump Media is… pic.twitter.com/unfYm1o70m
— Lookonchain (@lookonchain) May 22, 2026
Their holdings are now worth approximately $455M. That’s not a small paper loss; that’s nearly $900M in unrealized damage, and they appear to be moving coins anyway. Four months ago, a prior $175M transfer went out at around $87,378 per BTC. The political class’s complicated relationship with Bitcoin just got a fresh data point.
Whether this constitutes strategic repositioning or forced selling, the broader market is now watching every large on-chain movement with heightened suspicion, and the derivatives data suggests traders are not retreating.
Can the Bitcoin Price Reclaim $80,000 This Week?
$BTC is still holding above the $75,000-$76,000 support zone.
As long as this holds, I'm expecting a rally towards $79,500-$80,000. pic.twitter.com/k8g2E5WAHv
— Ted (@TedPillows) May 22, 2026
BTC USD is trading between $77,200 and $77,400 across major exchanges, with 24-hour changes ranging from -1% to +0.20% depending on the venue.
Support is clustering in the mid-$70,000s, with $75,000 as the next psychological line and $70,000 as the deeper cushion bulls really don’t want to test. Resistance sits at $80,000, a level BTC hasn’t convincingly reclaimed, with the $100,000–$105,000 zone representing the major overhead supply from the recent all-time-high area.
Three scenarios are on the table. Bull case: ETF inflows accelerate, macro conditions soften, and BTC reclaims $80,000 with conviction, opening the door back toward six figures.
Base case: consolidation continues in the $75,000–$80,000 corridor as the market digests the Trump Media news and derivative positioning normalizes.
The Bear/invalidation case lies in the leveraged long build-up, triggering a cascade squeeze below $75,000, with $70,000 as the next meaningful floor.
The derivatives angle is the one to watch right now. Funding rates and open interest point to a buildup in leveraged longs, leaving the market vulnerable to a sharp downside if spot fails to break higher.
Bitcoin Hyper Targets Early Mover Upside as BTC USD Tests Key Levels
Spot BTC USD hovering near $77,000 while influential holders appear to be distributing raises an uncomfortable question for latecomers: Is the easy money already spent? Large-cap BTC at this stage of the cycle carries a very different risk-reward profile than it did at $30,000. It’s the reason early-stage infrastructure projects within the Bitcoin ecosystem are attracting a different kind of attention right now.
Bitcoin Hyper ($HYPER) is positioning itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration — delivering sub-second finality and low-cost smart contract execution while preserving Bitcoin’s underlying security. The pitch addresses Bitcoin’s three core bottlenecks: slow transactions, high fees, and the near-total absence of programmability.
The presale has raised $32,726,397.59 at a current price of $0.0136804, with staking available for early participants. For those watching Bitcoin consolidate and wondering where asymmetric upside might still exist in this cycle,
Visit the Bitcoin Hyper Presale Website Here.
EXPLORE: Best Crypto Presales Gaining Traction Right Now
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