Trump transfers 10.84M $TRUMP to exchanges amid 66% price collapse

According to Coingecko data, BitMart’s platform token BMX plunged at 19:35 last night, dropping over 60% in one hour and hitting a low near $0.11. It has since rebounded to $0.14, with its 24-hour decline narrowing to 53%. Currently, BMX trades at $0.142, with a market cap of approximately $48 million. BitMart ranks 74th on the centralized cryptocurrency exchange rankings, with a 24-hour trading volume of $1.1 billion. Coingecko assigns BitMart a credit score of 6 out of 10.

According to monitoring by ai_9684xtpa, a whale address (0x854…c775e) opened a 40x leveraged BTC long position at 22:30 last night, investing 603.71 BTC at an entry price of roughly $64,469, with a notional position value of around $38.67 million. The position is currently showing an unrealized loss of approximately $259,000. Additionally, the address has placed limit long orders worth around $31.441 million in the $63,500 to $63,674 price range. If all orders are filled, its BTC long position size will expand to roughly $70.111 million. Data shows that this address previously primarily employed a short-term trading strategy, with positions typically held for just a few hours. This long position size has already ranked among the sixth-largest this year; if all subsequent limit orders are filled, it could become its largest BTC long operation of the year.

US President Donald Trump stated that the situation in Iran is "progressing very smoothly" and urged the public not to believe "fake news". Trump added that while relevant actions have taken place recently, Iran has "very few" remaining drones, and though the Iranian side occasionally carries out operations, its overall capabilities have been significantly weakened. Regarding US-Iran negotiations, Trump said Iran is still in contact with the US, but he believes the Iranian side is not yet prepared to strike a deal.

According to EmberCN’s monitoring, the TRUMP team’s token address unlocked and transferred out 10.837 million TRUMP tokens 45 minutes ago, with a current value of approximately $16.91 million. Data shows the transferred tokens come from addresses associated with the TRUMP team. Based on the two previous unlock and transfer events, these tokens may subsequently be transferred to BitGo and further flow to centralized exchanges including OKX.

According to EmberCN’s monitoring, the Worldcoin Foundation sold 217 million WLD tokens to institutions including Pantera Capital roughly 8 hours ago, securing approximately $52.5 million in funding. The Worldcoin Foundation had not previously disclosed the specific sale price, but following the announcement, the team wallet transferred around 217.4 million WLD tokens to multiple addresses. Calculated based on the token volume and financing amount, the sale price came to roughly $0.24 per token, a roughly 36% discount to WLD’s current market price. The sold WLD tokens are subject to a 1-year lock-up period, with institutional investors gaining trading eligibility once the lock-up period expires.

International market service provider Kepler announced on social media on the 24th that shipping traffic at two key Middle Eastern maritime chokepoints diverged on the 23rd: traffic through the Strait of Hormuz dropped sharply, while that through the Bab el-Mandeb Strait (connecting the Red Sea and Gulf of Aden) rebounded. Kepler’s data shows that 6 vessels transited the Strait of Hormuz on the 23rd, a 60% decrease from the prior day. All but one of these vessels used the route designated by Iran. Meanwhile, 49 vessels transited the Bab el-Mandeb Strait that day, higher than earlier levels. Among them were 4 vessels that conducted "dark voyages" by disabling their Automatic Identification Systems (AIS). Kepler added that some vessels that had turned back earlier due to security risks in the Gulf of Aden and Red Sea have resumed sailing and completed transits, though some remain anchored after turning back, holding off to wait and see. Currently, international shipping firms are continuously assessing the regional security situation, with overall shipping activities marked by "cautious but selective recovery".