Suspicious Timing: Trump-Linked Wallets Dump TRUMP Tokens Just Before US-Iran Escalation
Whale alert or insider play? Wallets tied to Donald Trump abruptly unloaded TRUMP tokens mere hours before geopolitical tensions spiked between the US and Iran—raising eyebrows across crypto markets.
The selloff: On-chain sleuths spotted the coordinated dump as TRUMP prices hovered near recent highs. No official explanation from the Trump camp, but the timing reeks of either prescient risk management or privileged information.
Market fallout: TRUMP token volatility spiked 300% post-selloff as retail traders scrambled to interpret the moves. 'Nothing boosts a meme coin like a good old-fashioned controversy,' quipped one hedge fund manager while adjusting his short position.
Bonus jab: Another day, another reminder that in crypto, 'decentralized' often means 'someone’s getting rich faster than you.'