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

TL;DR

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

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

Since April 28, wallets linked to the #TRUMP workforce 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, individuals rushed in to purchase the token, which doubled in worth in days and exceeded $16 in late April.

Nonetheless, speculators began to take income off the desk, and TRUMP corrected nearly instantly. Nonetheless, it remained above $10 for the following a number of weeks earlier than Israel’s assaults in opposition to Iran passed off final week.

The previous 24 hours have been notably 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 day by day scale and now trades properly under $9.

This is the reason many X customers questioned whether or not the workforce was conscious of what was to happen simply hours after they transferred greater than $32 million value of TRUMP to Binance.

It’s value 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.