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Binance’s $22M TRUMP Memecoin Transfer Triggers Market Anxiety Amid Bearish Signals

Binance’s $22M TRUMP Memecoin Transfer Triggers Market Anxiety Amid Bearish Signals

Published:
2025-06-28 10:04:12
15
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A recent internal transfer of 2.5 million TRUMP tokens (worth approximately $22.49 million) from Binance's cold storage to hot storage has sparked concerns among traders about a potential sell-off. The memecoin, which has been trading in a bearish falling wedge pattern, is now testing a critical support level at $8.40 after facing repeated rejections at $9.20. Historical data suggests that such transfers often precede sell-side events, adding to market anxiety. With declining trading volume and open interest, the TRUMP memecoin's price action remains under scrutiny as traders watch for signs of further downside pressure or a potential rebound.

$22M TRUMP Memecoin Transfer Sparks Sell-Off Fears as Price Tests Key Support

Binance's internal transfer of 2.5M TRUMP tokens ($22.49M) from cold to hot storage has triggered market anxiety about potential liquidation pressure. Historical patterns suggest such moves often precede sell-side events, with the memecoin already trading in a bearish falling wedge pattern.

TRUMP's price hovers NEAR critical support at $8.40 after repeated rejections at $9.20, while declining volume and open interest reinforce MACD's bearish signal. The exchange's recent history of larger TRUMP shuffles (5M-20M tokens) points to active liquidity management rather than isolated action.

Market participants brace for volatility should these tokens hit open markets, though the falling wedge formation retains potential for bullish reversal if confirmed. The memecoin's fate now hinges on whether it holds the $8 support zone or cascades lower amid weakening momentum.

BNB Gains Exchange Spotlight While Lightchain AI Attracts Private Investor Interest

BNB, the native token of Binance, continues to dominate exchange highlights due to its established liquidity and ecosystem developments. Binance's recent Launchpool dashboard integration and #BSCProjectSpotlight initiative have further solidified its market presence.

Meanwhile, Lightchain AI emerges as a dark horse in private investment circles. The project's $20.9 million presale success at a fixed $0.007 token price demonstrates growing institutional interest. Market insiders increasingly view it as a prime early-stage opportunity, contrasting with BNB's more visible public trajectory.

Number of Large Bitcoin Investors Surge to Multi-Month Highs: Do They Know Something?

On-chain data reveals a resurgence in Bitcoin whale activity, with wallets holding at least 10 BTC reaching levels last seen in March. The count now stands at 152,280, signaling renewed confidence among deep-pocketed investors.

Institutional inflows into spot bitcoin ETFs align with this trend, suggesting smart money is accumulating during retail uncertainty. Market observers note Bitcoin's price resilience despite $66 billion in realized profits from short-term holders, pointing to robust demand absorbing sell pressure.

Notable movements include Binance experiencing 4,500 BTC withdrawals in a single day, accompanied by $800 million in stablecoin inflows. These developments underscore growing institutional participation in the crypto market.

Trump Coin Price Prediction: Chart Signals Potential 100% Rally

TRUMP coin shows signs of breaking out from a prolonged consolidation phase, with technical indicators suggesting a potential 100% upside move. The meme coin has formed a bullish falling wedge pattern over 60 days—a classic reversal setup that often precedes significant rallies.

Despite lingering geopolitical tensions weighing on meme coins broadly, derivatives traders are positioning for a TRUMP rebound. Open interest has climbed 3% in 24 hours, while the long/short ratio now favors bulls at 1.11. Over 52% of traders anticipate price appreciation.

The key level to watch is $9.15, where historic accumulation meets the wedge's upper boundary. A decisive breakout could validate the technical thesis and trigger the projected 2x move.

Shiba Inu Whale Activity Surges as Mutuum Finance Presale Gains Momentum

Shiba Inu (SHIB) has experienced a tenfold increase in whale transactions during June 2025, with billions of tokens exchanging hands on Binance. While retail investors appear to be selling, large holders are accumulating—a potential precursor to significant price movement.

Mutuum Finance (MUTM) has emerged as a beneficiary of shifting capital flows, raising $11.21 million from 12,400 investors in its ongoing presale. The DeFi project currently offers tokens at $0.03 in phase 5, representing a 50% discount to its anticipated $0.06 listing price. The next phase will increase the price by 16.67% to $0.035.

CZ Predicts Bitcoin Will Replace Home Ownership as the New American Dream

Former Binance CEO Changpeng "CZ" Zhao has declared that owning Bitcoin will soon surpass home ownership as the American dream. His remarks came in response to a groundbreaking MOVE by the U.S. Federal Housing Finance Agency (FHFA), which directed Fannie Mae and Freddie Mac to explore cryptocurrency's role in mortgage risk assessments.

Zhao's vision hinges on Bitcoin's potential appreciation. "The future American Dream will be to own 0.1 BTC," he tweeted, suggesting such a holding could eventually exceed the value of a U.S. home. The FHFA's directive, issued June 26, 2025, marks a significant step toward mainstream crypto adoption by potentially allowing borrowers to use digital assets as collateral without mandatory fiat conversion.

This policy shift could fundamentally alter wealth accumulation strategies. For the first time, Americans might leverage crypto holdings from regulated exchanges to secure traditional financing—blurring the lines between digital and conventional assets.

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