Trump Team Moves $32.8 Million in TRUMP Tokens Before US-Iran Clash

On June 21, 2025, wallets linked to the Official Trump team transferred 3.527 million TRUMP tokens, valued at approximately $32.8 million, to Binance. This transfer was part of a series of deposits totaling 12.54 million TRUMP tokens, worth around $150.68 million, made in four batches since April 28. The timing of these transfers raised questions, as they occurred just hours before the United States launched attacks on Iran. This coincidence led to speculation about potential insider knowledge, with many questioning whether the Trump team had prior information about the impending military action. The US President confirmed the attacks at 00:50 BST (19:50 local time) on his social media platform, Truth Social, several hours after the transfers to Binance.

The TRUMP token had previously experienced a significant rise in value, doubling within days after the US President invited the top 220 holders to a special dinner event. The token's value peaked at over $16 in late April but has since corrected, although it remained above $10 for several weeks. The recent geopolitical tensions, however, have taken a toll on the cryptocurrency market, with altcoins, including the TRUMP token, experiencing significant declines. The TRUMP token has slumped by over 6% in the past 24 hours, now trading well below $9.

The market's reaction to the geopolitical events highlights the sensitivity of cryptocurrencies to global developments. The growing bitcoin dominance indicates a flight to safety, as investors seek stability in the face of uncertainty. The TRUMP token, being a meme coin, is particularly vulnerable to such market dynamics, as its value is heavily influenced by sentiment and speculation.

The transfers by the Trump team to centralized exchanges could be seen as a strategic move to liquidate assets in anticipation of market volatility. However, the timing of these transfers, just hours before the US-Iran clash, has fueled speculation about insider trading. While the Trump team has made similar transfers in the past, the current geopolitical context adds a layer of complexity to the situation.

The broader implications of this event underscore the need for transparency and regulation in the cryptocurrency market. The potential for insider trading and market manipulation poses significant risks to investors, and regulatory bodies must ensure that such activities are monitored and addressed. As the cryptocurrency market continues to evolve, it is crucial for stakeholders to prioritize integrity and accountability to maintain investor confidence.