Donald Trump’s official meme coin faces mounting pressure as on-chain analysis reveals a coordinated $1 million $TRUMP token dump executed just hours ago, adding to the troubling pattern of team-controlled sell-offs. The selling activity stems from wallet movements that began eight days prior, when 744,971 TRUMP tokens worth $8 million were transferred from Meteora Vault Authority through a Squads multisig wallet likely controlled by the official TRUMP team. This fresh dumping episode unfolds against a backdrop of relentless decline. The token is now trading 85% below its $73 all-time high while facing an imminent $520 million token unlock scheduled for July 18. At the time of writing, $TRUMP is trading at $11.09. $TRUMP Price Chart Source: Cryptonews $TRUMP Token Team Is Executing a “Systematic Liquidation” The current sell-off represents just the tip of the iceberg in what analysts characterize as a systematic liquidation by project insiders. Since launching at $0.18 on January 17, 2025, TRUMP has experienced a meteoric rise to $75.35 within 48 hours, creating what many now recognize as a textbook pump-and-dump pattern. TRUMP price history Source: CoinGecko However, the euphoria proved short-lived. The token entered a devastating downtrend, plummeting to $31.61 by January 21 and continuing its descent through multiple phases of decline. By February, prices stabilized around $16 before further deterioration brought values to $12.50 in late February, eventually finding temporary support around $7.50 in early April. The pattern of team-controlled selling has become increasingly sophisticated and concerning for investors. In April, on-chain data exposed the first major withdrawal when the team moved $4.6 million worth of liquidity to Coinbase Prime accounts , strategically timed just days before the project’s first major token unlock. The $TRUMP dev pulled 4.6M $USDC from the pool by removing liquidity 13 hours ago. Then they bridged 4.6M $USDC to #Ethereum and deposited it into #CoinbasePrime . https://t.co/ORSLE6vJiA https://t.co/Cgybm89XTi pic.twitter.com/NI3gZsJWFI — Lookonchain (@lookonchain) April 16, 2025 This withdrawal pattern escalated sharply in subsequent months, with Lookonchain reporting a massive $47 million transfer to major exchanges, including Binance, Coinbase, OKX, and Bybit, in early June. A wallet linked to the $TRUMP team deposited 1,346,000 $TRUMP ($19.58M) into #Binance , #OKX , and #Bybit 9 hours ago. https://t.co/Mkk5VIjIFW pic.twitter.com/G4cuIBrQVq — Lookonchain (@lookonchain) April 29, 2025 The April 29 incident alone saw $20 million worth of tokens offloaded across multiple exchanges, with 700,000 tokens worth $10.21 million dumped to Binance while additional quantities flooded OKX and Bybit. Fresh Dumping Activity Raises Red Flags The latest selling episode, shared by Stalkchain , reveals the sophisticated nature of team-controlled liquidations. Eight days ago, the large transfer of 744,971 tokens worth $8 million from Meteora Vault Authority to wallet BeC***W7M marked the beginning of the current dumping cycle. The transaction’s execution through a Squads multisig wallet strongly suggests official team authorization, contradicting any claims of unauthorized or external selling pressure. The dumping accelerated dramatically when the receiving wallet transferred 100,000 TRUMP tokens worth $1 million to a fresh wallet address just three hours before market close, with blockchain analysis confirming the immediate conversion to USDC through active selling. This methodical approach (utilizing fresh wallet addresses and systematic USDC conversion) indicates a deliberate strategy rather than panic selling or external market manipulation. The original wallet retains 645,072.16 TRUMP tokens valued at $7.07 million, suggesting additional selling pressure remains imminent. The timing proves particularly damaging as it coincides with already fragile market conditions and an approaching $520 million token unlock event. With only 26.48% of tokens currently in circulation, the July 18 unlock represents a potential 20% increase in circulating supply, historically a catalyst for major price depression. Technical Analysis Points to Deeper Decline Ahead The daily TRUMP/USDT chart presents an unambiguously bearish technical structure that validates concerns about continued downside pressure. The token currently trades beneath a long-term descending trendline established in February, with multiple failed attempts to sustain upward momentum reinforcing the dominant bearish trend. Key support at $10.20 represents the final defense against a potential 26.4% decline toward $7.90, a scenario that appears increasingly probable given the mounting selling pressure from both team liquidations and the approaching token unlock. The parabolic rally formation marked by the initial price explosion has now completely collapsed, following the typical 70-90% retracement pattern common in memecoin bubble formations. At current levels around $11.06, the token has barely begun its technical correction, with the blue zigzag pattern suggesting this represents only the initial wave of a multi-stage decline. The Relative Strength Index at 45.44 confirms bearish momentum control, while the previous RSI divergence bear indicator in May, when readings dropped below the 50 mark, shows the weakening technical foundation. Technical analysis suggests realistic downside targets extend toward the $6-8 range in the near term, with potential for extreme weakness reaching $3-5 levels representing the 78.6% Fibonacci retracement of the entire rally. The broken parabolic structure typically requires months to repair, if recovery proves possible at all. Therefore, any bounce attempts are likely candidates for additional selling opportunities rather than signs of genuine reversal. The post Donald Trump’s Meme Coin Sinks 85%: $TRUMP Token Faces $520M Unlock Threat appeared first on Cryptonews .
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A fresh wave of crypto malware is sweeping the world of digital assets, and this time the actors are wiser and more versatile than ever. At the forefront of the new wave are Librarian Ghouls, a Russia-focussed advanced persistent threat (APT) group, and Crocodilus, a cross-platform stealer with roots in Android banking trojans. “Librarian Ghouls’ latest campaign uses legitimate software like AnyDesk to hide crypto miners and keyloggers. Once they’re in, they’re silent—until midnight.” — Kaspersky Threat Intelligence ( June 9, 2025 ) Librarian Ghouls: The “Legitimate” Malware This APT group disguises attacks as routine documents (e.g., payment orders) in phishing emails. Once opened, their malware: Installs 4t Tray Minimizer to hide malicious processes. Deploys AnyDesk for remote access and XMRig to mine Monero. Steals crypto wallet credentials and registry keys. New in 2025 : Midnight activation — malware runs only at night to avoid detection. Their attack is not simply brute-force robbery — rather, they pool technical expertise with psychological coercion, striking at every step of the crypto cycle. Librarian Ghouls have also optimized their loader to masquerade as legitimate business applications, often implanting their malware into what appear to be harmless documents like payment orders or invoices. When the victim then executes the file, the malware installers install quietly programs such as 4t Tray Minimizer to cover its tracks and AnyDesk for remote control. But what is most unique about this group is that they use time-based triggers: the malware only activates at night, lowering the chances of detection by security teams during working hours. It does this using a nighttime strategy that allows it to steal wallet credentials, mine Monero using XMRig, and exfiltrate sensitive data undetected. Victims may not even realize something is amiss until weeks later, when their wallets have typically been drained and their systems compromised beyond simple restoration. Crocodilus: The Seed-Phrase Collector Originally a Turkish banking trojan, Crocodilus now targets global crypto users via: Fake apps masquerading as Coinbase , MetaMask , or mining tools. Automated seed-phrase harvesters that scan devices for wallet data. Social engineering via fake “Bank Support” contacts in your phone. “Crocodilus’ new parser extracts seed phrases with surgical precision. One click on a fake X link, and your wallet is gone.” — ThreatFabric MTI Team ( June 3, 2025 ) Crocodilus, on the other hand, rapidly evolved from a regional threat to a global one. No longer limited to Android, it now targets malicious browser extensions, clone desktop apps, and even Telegram bots to spread its reach. The malware's most deadly feature is its ability to steal seed phrases from clipboard data, screenshots, and autofill data, sometimes even before the victim is aware of even being targeted. Threat actors began to offer access to the compromised wallets for sale on darknet forums, establishing a thriving black market for pilfered cryptocurrency assets that is growing in size and complexity. At times, Crocodilus even spams innocent ”support” numbers onto victims' phones, tricking users into providing sensitive information in the guise of technical support. Fake X Links: Now With Real-Time Deepfakes Hackers are exploiting X (Twitter) with: Hijacked verified accounts promoting fraudulent airdrops. QR codes linking to wallet-draining smart contracts. AI deepfake support chats that mimic real agents. Real Example :In May 2025, a deepfake “Elon Musk” livestream urged viewers to scan a QR code for a “TeslaCoin” giveaway. Victims lost over $200K in 30 minutes. One of the most menacing trends is the development of real-time deepfake support chats. Hackers use AI-affected avatars to impersonate recognized brands or influencers on X (Twitter), providing authentic, interactive ”help” that lures victims into sharing their seed phrase or private key. The deepfakes are so convincing that even seasoned crypto users have been caught up in them, with the avatars mimicking voice, tone, and even body language of recognized figures in the community. In one of the most notable cases, a deepfake ”Elon Musk” live stream on X advertised a false TeslaCoin giveaway and had hundreds of thousands of dollars in losses within a few minutes. OPSEC Tips: How to Stay Safe From Quillaudits’ 2025 Guide : Action Why It Matters Use a dedicated device Isolate crypto activity from daily browsing Revoke approvals Malware can’t drain wallets you’ve locked Avoid public Wi-Fi Crocodilus thrives on unsecured networks Verify X links offline Deepfake scams vanish when cross-checked For protection against such threats, the users will have to utilize a multi-layered OPSEC approach. Experts recommend using hardware wallets for high-value investments, enabling two-factor authentication, and never sharing seed phrases — never even with presumed support personnel or legitimate social accounts. Regular wallet approval checks, keeping software up-to-date, and separating crypto operations into single-use devices can similarly reduce risk. As attackers become increasingly more innovative and inventive, the best defense is to remain well-educated and to be adequately skeptical.
Billionaire investor Paul Tudor Jones is worried about the state of the U.S. economy and its mounting debt. His investing solution to hedge against inflation includes buying commodities such as Bitcoin. US national debt currently stands at $37 trillion and counting. Jones argued that the U.S. is stuck in a “debt trap” and that policymakers will likely keep real interest rates below inflation to reduce the burden, the veteran investor told Bloomberg TV on June 11. President Trump will likely tap an “uber-dovish” Fed chairman to replace Jerome Powell, whose tenure at the central bank is set to end in 2026. That means higher prices, lower purchasing power, and bigger risk for traditional portfolios, Jones, who founded hedge fund Tudor Investment Corporation, noted. In other words, the only way a nation gets out of such high debt is to inflate its way out of it. To hedge against that ugly scenario, Tudor Jones thinks every portfolio should consist of Bitcoin, gold, and stocks. “It would be some combination of vol-adjusted bitcoin, gold, and stocks,” Jones opined, highlighting that BTC’s price swings are much more wild than those of gold, so the sizes of the positions should vary. Still, he astutely clarified: “That’s probably your best portfolio to fight inflation.” Notably, Bitcoiners have long touted the flagship cryptocurrency as a hedge against inflation, just like the yellow metal. Jones has oftentimes stated in the past that he likes Bitcoin and that the asset can be held by investors in times of economic uncertainty. Though he previously suggested allocating 5% to BTC , he refused to give a figure during the recent Bloomberg interview — though he doubled down on his strong belief in the crypto. The legendary investor’s comments come after the Consumer Price Index accelerated to a year-on-year pace of 2.4% in May, indicating that U.S. President Donald Trump’s trade war has had a limited impact on the economy. At around $109,536, the price of BTC is up more than 64% in the year to-date, according to crypto data provider CoinMarketCap . Analysts are eyeing price targets for BTC past its current all-time high of $111,814.
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