Trust Wallet token TWT declined about 35% over recent days, falling from ~$0.52 to about ~$0.32 before a partial rebound.

Observed transactions

On-chain researchers report that a portion of TWT balances was withdrawn from a smart contract and sold through Binance.

They also identify a sale by a large holder who moved approximately 4.2 million TWT, according to the same researchers.

Market response

The token’s decline created additional selling pressure amid limited communication from the Trust Wallet team and uncertainty about future development.

Price briefly stabilized after partial buybacks, but analysts warn that volatility may continue if no project updates are provided.

Key facts

• 35% decline from $0.52 to $0.32, followed by a partial recovery on spot markets.
• On-chain researchers link sales to withdrawals from a contract and execution of trades on Binance.
• A major wallet reportedly moved approximately 4.2 million TWT, increasing sell-side pressure across exchanges.

Implications

Large off-chain and on-chain sales can materially affect mid-cap tokens like TWT because liquidity is relatively shallow on many exchanges.

Observers recommend monitoring on-chain flows, exchange order books, and any official statements to assess potential further pressure on the token.

No date or firm valuation beyond the reported figures has been disclosed by the project to date.