After weeks of heightened speculation and headline-fueled rallies, cracks may be forming in the Trump coin hype cycle.
The removal of over $7.5 million from the TRUMP liquidity pool, widely interpreted as an intention from insiders to cash out, casts doubt on the long-term Trump coin price outlook.
For a meme coin so closely pegged to the social momentum and influence of U.S. President Donald Trump, a move from its core team to pull away from the token could mark a collapse.
TRUMP is now 45% below its late-May peak following the presidential dinner for top holders, struggling to regain traction and in need of a fresh social catalyst to reignite retail attention.
Whale Ramps Up Sell-Offs Following $7.5 Million Withdrawal
According to an X report from smart money tracker Lookonchain, the TRUMP coin team moved $4.4 million in USDC and $3.12 million worth of TRUMP from its liquidity pool on June 25.
The USDC has since been bridged to Ethereum, while the remaining 347,438 TRUMP tokens were transferred to a newly created Coinbase wallet.
With no details on the purpose or intention of the transfer, speculation-fueled FUD around an insider sell-off could be detrimental for a meme coin that is already struggling with low demand.
Lookonchain also flagged that a known whale has quietly ramped up profit-taking efforts following the transfer, placing a limit order to sell 275,672 TRUMP worth nearly $2.5 million.
This same wallet had sold 100,000 TRUMP just two weeks earlier, and still holds 369,400 TRUMP valued at around $3.31 million.
The staggered sell-off pattern suggests an intent to exit rather than to de-risk, raising concerns that subsequent dumps could follow suit.
TRUMP Coin Price Prediction: Could Sell Pressure Spark a Breakdown?
The mass movement of capital from large hands could put pressure on the Trump coin price as it approaches the conclusion of a falling wedge forming since its late May peak.
This comes as wider market dynamics flip bullish for the first time since, with the MACD line crossing above the signal line in a golden cross—an early sign of a potential trend reversal.
The RSI has also bounced from oversold territory at 30, an indication of seller exhaustion. However, FUD may have stopped buyers from filling the gap as it stalls at 33.
This bullish momentum coincides with a critical bounce from the wedge’s lower support, aligned with a historic accumulation zone below the 0.236 Fibonacci retracement at $9.30.
If bulls can defend it, the zone creates a confluence zone with the patterns’ upper descending trendline and a prime setup for a breakout.
A successful breakout sets a technical target around the 0.786 Fibonacci level at $14.50, representing a potential 60% gain from current prices.
However, if the accumulation zone fails, the next major support sits at 20% lower at $7.15, mirroring the mid-April market bottom and likely invalidating the bullish setup.
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The post Trump Coin Price Prediction: $7.5 Million Pulled from Liquidity Pool – Is the Trump Team Cashing Out? appeared first on Cryptonews.
