TRUMP Prices Drop by 9.4% Amid Insider Selling and Liquidity Withdrawals

The price of TRUMP (TRUMP) dropped by approximately 9.4% over the last 24 hours, primarily due to the selling and liquidity withdrawals by team-linked wallets.

According to reports from Lookonchain and X posts, the TRUMP team netted $3.39 million USDC in 10 hours through a process called 'single-sided' LP selling, where they added TRUMP to Solana liquidity pools and withdrew USDC as buyers swapped in.

This pattern of insider selling has been repeated several times, with tens of millions of tokens moved by core wallets over recent months. The dominant driver behind the price drop was not organic outflows from the broader market but visible insider supply hitting the market via LPs and exchanges.

TRUMP's 24-hour series shows a steady drift from $2.70 to $2.44, with high but slightly cooling volume relative to peak levels. This is consistent with a market digesting bad insider news rather than reacting to a single external shock.