Insider Selloff? Trump Wallets Offload TRUMP Tokens Hours Before US-Iran Clash

TL;DR

• On-chain information shared by Lookonchain exhibits that the Official Trump group deposited one other sizeable batch of the asset to centralized exchanges yesterday.
• Whereas they have done this up to now on quite a few events, this explicit switch raises questions on inside data, because it got here simply hours earlier than the US attacked Iran.

The pockets linked to the #TRUMP group deposited one other 3.527M $TRUMP ($32.8M) to #Binance half-hour in the past.

Since April 28, wallets linked to the #TRUMP group have deposited a complete of 12.54M $TRUMP($150.68M) to exchanges in 4 batches.https://t.co/SwzribrM5d pic.twitter.com/26IksmyHvM

— Lookonchain (@lookonchain) June 21, 2025

It was only a few months in the past when TRUMP skyrocketed because the US President invited the highest 220 holders to attend a particular dinner occasion with him within the States. Naturally, folks rushed in to purchase the token, which doubled in worth in days and exceeded $16 in late April.

Nevertheless, speculators began to take earnings off the desk, and TRUMP corrected nearly instantly. However, it remained above $10 for the following a number of weeks earlier than Israel’s assaults towards Iran befell final week.

The previous 24 hours have been significantly brutal to altcoins because the US joined Israel in attacking Iran. That is evident by the growing bitcoin dominance, and the Official Trump meme coin has not been spared. The asset has slumped by over 6% on a every day scale and now trades nicely under $9.

That is why many X customers questioned whether or not the group was conscious of what was to happen simply hours after they transferred greater than $32 million price of TRUMP to Binance.

It’s price noting that the US President confirmed the assaults at 00:50 BST (19:50 native time) on his social media platform, Fact Social, which was a number of hours after the transfers to Binance.