A wallet associated with the Trump team has once again made a significant transfer of assets to centralized exchanges, raising questions about possible insider information.
Large $TRUMP Token Transaction
Yesterday, a wallet linked to the Trump team transferred 3.527 million $TRUMP tokens to Binance, amounting to approximately $32.8 million. Since April 28, the team has deposited a total of 12.54 million tokens ($150.68 million) across four batches.
Token Prices and Market Reaction
Despite the recent surge to $16 per token, following an invitation to the top 220 holders for a dinner with Trump, the price of $TRUMP fell sharply by over 6% and now trades below $9 due to the news of Israel's attacks on Iran.
Questions About Possible Insider Information
Many social media users have raised doubts about whether the team was unaware of the upcoming attacks, which occurred just hours after the token transfers. The US President confirmed the attacks at 00:50 local time, several hours after the asset transfers.
The recent actions of the Trump team and the sharp fluctuations in the price of $TRUMP raise questions among analysts and market participants regarding the potential implications for investors amid global instability.
