Trump Family-Linked Crypto Projects: Insiders Dumping Millions in Tokens!

Holy smokes, the crypto world is buzzing with insider action across Trump family-linked projects, and we're talking about wallets dumping tens of millions of dollars in tokens!

The crew behind the Melania Trump-themed meme coin $MELANIA has been on a selling spree, offloading a whopping 82.18 million tokens over the past four months. That's spread across 44 wallets, people! We're talking about 8.22% of the total supply, swapped for 244,934 SOL, worth around $35.76 million at the time. Can you believe it?

The #Melania meme team ain't messing around, folks! They've sold 82.18M $MELANIA tokens, that's 8.22% of the total supply, over the past four months across 44 wallets, cashing out a cool 244,934 $SOL, worth a jaw-dropping $35.76M. Most of those $MELANIA tokens were sold through some slick liquidity moves, adding and removing liquidity like pros.

Listen up, because most of these MELANIA sales were pulled off through some fancy liquidity manipulation. They added and removed liquidity from pools, a slick move often used to dodge slippage and minimize the market impact by keeping direct sell pressure low.

But wait, there's more! The team behind the official Trump-themed memecoin, $TRUMP, just pulled a fast one, withdrawing $4.4 million in USDC and 347,438 $TRUMP (worth $3.12 million) from liquidity pools. They bridged the USDC to Ethereum and shuffled the tokens to a brand-new wallet. This kind of on-chain action is a classic sign of insiders gearing up to dump, so buckle up!

Now, while there's no direct link between these wallet moves, the timing and tactics scream a coordinated sell-off pattern across Trump-themed crypto ventures. What's going on here?

Are the Trumps Scaling Back Their Crypto Empire?

Hold onto your hats, because earlier this week, a Forbes report dropped a bombshell: the Trump family quietly slashed their stake in World Liberty Financial (WLFI) from 60% to 40% over just two weeks. That's right, through some hush-hush transactions, they pulled it off!

The dump was executed by DT Marks DEFI LLC, a holding company run by Donald Trump and his sons. And get this, it's the third time they've reduced their stake in just six months, going from 75% in December to 60% in January, and now down to 40%. What's the deal?

The family's keeping tight-lipped about these sales, and the reasons for this coordinated sell-off are still a mystery. But the pattern suggests they're strategically cutting their exposure while keeping the public hype around these projects alive.

Meanwhile, big holders of the official $TRUMP meme coin are also trimming their positions. One whale just dumped around 375,000 $TRUMP, worth a cool $4.9 million. That's some serious action!

At press time, $TRUMP is trading at $8.90, down a solid 30% over the past month. And $MELANIA? It's taken a nosedive of nearly 50% over the same period, now trading at $0.91. The crypto world is on fire, folks!