TRUMP Memecoin Hits Record Low as Insiders Dump $31.7M to Binance

News

TRUMP token team deposits 10M tokens worth $31.7M to Binance via BitGo wallets. Price crashes 96% from ATH to $2.73 all-time low. Insiders hold 80% of supply.

TRUMP memecoin hit a record low of $2.73 on March 12 as insiders deposited 5 million tokens ($14.4M) to Binance, extending a $31.7 million dump over two weeks.

KEY POINTS

  • Team sent 10M TRUMP ($31.7M) to Binance via BitGo wallets over two weeks
  • Price hit $2.73 ATL, down 96% from $73.43 January 2025 peak
  • Insiders hold 80% of 1B supply; $558M unlocked since January

10M TRUMP ($31.7M) Routed to Binance in Two Weeks

A BitGo custodial wallet tied to the TRUMP team sent 5 million tokens to Binance on March 12.

OnchainLens flagged an identical 5M TRUMP ($17.3M) deposit on February 27, continuing a pattern of insider selling.

Source: @OnchainLens on X

$558M Unlocked to Insiders Since January

Both deposits came from a 32.5M token batch ($143M) unlocked from the team wallet in early February.

DeFiLlama data shows $558 million in TRUMP tokens unlocked to insiders since January.

ON-CHAIN DATA

  • Insider allocation: 800M TRUMP (80% of 1B total supply)
  • Circulating supply: 232.5M tokens
  • Jan unlock: $558M to insiders
  • Feb unlock batch: 32.5M tokens ($143M)
  • Daily drip: ~$3.8M unlocking through mid-2028

TRUMP -96% From ATH; Extreme Fear at 15

TRUMP traded at $2.93 at press time, down 96% from its $73.43 all-time high set January 19, 2025.

Market cap: $680M. Volume: $299M. 7d: -9.38%. The Fear & Greed Index: 15, Extreme Fear.

Crypto Fear and Greed Index showing Extreme Fear score of 15 on March 13 2026
Crypto Fear & Greed Index. Source: Alternative.me

$4.3B Retail Losses; 45 Wallets Made $1.2B

Combined losses across TRUMP and MELANIA tokens exceeded $4.3 billion, with nearly 2 million wallets underwater.

Only 45 early wallets, likely insiders, recorded approximately $1.2 billion in gains.

What to Watch: $3.8M Daily Unlock Through 2028

The remaining 800 million insider tokens unlock daily at ~$3.8M through mid-2028.

Exchange deposit patterns suggest continued selling pressure, while a TRUMP ETF filing from Canary Capital remains pending.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always conduct your own research before making investment decisions.

More From Crypto News

Binance CFO Steps Down After Reported Hack, Co-CEO Cites Planned Transition
Crypto News

Binance CFO Steps Down After Reported Hack, Co-CEO Cites Planned Transition

Binance’s chief financial officer has stepped down, the exchange confirmed, with the departure landing nine days after the platform suffered what has been descr...

Nov 8, 20263 min read
US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions
Crypto News

US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions

The Treasury press release identifies MEXC as the subject of the action and ties the exchange to transaction flows connected to three sanctioned or adversarial...

Nov 7, 20263 min read
Core Lightning Urges Upgrade to v26.06.10 for Security Fixes
Crypto News

Core Lightning Urges Upgrade to v26.06.10 for Security Fixes

Core Lightning has urged node operators to install v26.06.10, a maintenance release from the ElementsProject/lightning repository that addresses issues in two a...

Nov 6, 20263 min read
XRP Ledger Fixes Bug That Could Have Created New Tokens
Crypto News

XRP Ledger Fixes Bug That Could Have Created New Tokens

The XRP Ledger has patched a disclosed security bug that could have allowed accounts with approved token-burning permissions to also create new tokens, a flaw t...

Nov 5, 20263 min read
Why Is Dash (DASH) Price Surging Today? Key Drivers
Crypto News

Why Is Dash (DASH) Price Surging Today? Key Drivers

Dash (DASH) is trading at $49.55, up 10.16% in the past 24 hours as of November 5, 2026, placing it among the day’s top gainers in the broader altcoin market.

Nov 5, 20263 min read
Binance Spot Share Falls to 42% After $6.3B Hack
Crypto News

Binance Spot Share Falls to 42% After $6.3B Hack

Binance’s share of global spot trading has fallen to 42% in the wake of a reported $6.3 billion hack, with rival exchange OKX emerging as one of the clearest be...

Nov 5, 20263 min read
Akita Inu

Author

Akita Inu

Akita Inu covers fast-moving crypto market updates, exchange news, and token ecosystem developments for CoinLive, with a focus on concise source-led reporting.