On-chain data shows possible insider trading in TRUMP memecoin after price pump, with wallets earning millions before announcement news.
The recent surge in the TRUMP memecoin price has raised insider trading concerns. On-chain data shows unusual wallet activity before a major announcement. Traders could see that some wallets have made huge profits from the price jump. Because of this, there was a question among the crypto community about the fairness of the market.
On-chain data shows suspicious trading before TRUMP price pump
On-chain researcher dethective posted information about token transfers before the price surge. According to the report, some 5 million TRUMP tokens transferred to a liquidity wallet two weeks ago. At this time the market price was low and no major news was public.
That’s the other $TRUMP wallet that profited from yesterday’s pump.
Around $1M extracted from the news.The interesting part is that they were not providing liquidity within a range.
They set a single price.That’s exactly like selling without looking like you’re selling https://t.co/dQeKBZ1cn2 pic.twitter.com/G4cwnv6c5a
— dethective (@dethective) March 14, 2026
During the last three days, the same wallet added liquidity from $3.5 to $3.8. However, the token price remained close to $2.8. This difference made the position raise suspicion, because it could make a profit if the price increased later. Therefore, traders thought that the move was planned in advance.
Related Reading: TRUMP Token Whales Accumulate Millions After Second Gala Dinner Announcement | Live Bitcoin News
The price increased following an announcement regarding a party luncheon event. The event will have Donald J. Trump as the keynote speaker. After the news, there was a rapid increase in buying activity. As a result, the price of the token moved upwards within hours.
Blockchain records indicate that the liquidity wallet then withdrew money. The wallet exchanged the free tokens for approximately $1.8 million worth of USC. In addition, it gathered close to $20,000 in trading fees. Because the exit occurred after the pump, there was suspicion of insider knowledge by many users.
Second wallet profits raise more concerns about market fairness
Another wallet also made huge profits in the same price jump. Data shows that almost $1 million was taken from this wallet. Instead of normal liquidity trading, the wallet was using a single-price position. This way it was possible to sell tokens without revealing a huge dump on the chart.
Traders said this strategy is a look like hidden selling. Because of the price chart not showing a sudden drop, the number of buyers kept entering the market. As such, the wallet could leave without causing panic. This behavior led to more suspicion of planned trading.
The mere fact of the gala event also caused debate in the community. Attendance will be reserved for the top 297 token holders. Critics said this rule may make people purchase tokens to only be granted access to. Therefore, some groups raised the alarm that the system may result in artificial price rises.
Similar concerns arose when it came time to launch the tokens in January 2025. At that time analytics firm Bubblemaps reported strange activity of wallets before being released. Some wallets were funded minutes before the launching. Later, those wallets made millions after the increase in price.
Because of these events in the past, traders now pay more attention to the TRUMP token. The most recent price explosion again demonstrates the pace at which memecoins can shift. However, the new allegations also demonstrate the risk of insider trading in the crypto markets.
