Original author: TechFlow
From Wall Street to blockchain, insider trading is not a new term.
However, the mice still felt a little ashamed of having been secretive in the past, but now they are revealing their true colors and are no longer pretending.
In early 2025, Trump issued Meme Coin and manipulated the market in the name of crypto-strategic reserve. Today, Trump is wielding the tariff stick, playing Sichuan opera, changing his face repeatedly, and pushing this conspiracy between power and capital to a historic high.
When the president becomes a manipulator and regulation becomes a fig leaf, the world has become an arena for giant insider trading - and you and me are all prey in the game.
The White House becomes a casino: Trumps face-changing skills
“Because more than 75 countries have contacted the United States with a willingness to negotiate, and have not retaliated against the United States in any way, shape, or form at my strong suggestion, I have authorized a 90-day suspension and a significant reduction in reciprocal tariffs on other countries to 10 percent during that period, effective immediately.”
During the U.S. stock trading session, Trumps social media remarks caused a major reversal in the previously uneasy three major U.S. stock indexes, which surged across the board.
The Dow Jones Industrial Average surged more than 2,900 points, or 7.87%, its biggest gain since March 25, 2020; the SP 500 surged 9.52%, its biggest gain since October 29, 2008; and the Nasdaq soared 12.16%, the second-largest single-day gain in history.
The “Big Seven Tech Companies” in the U.S. stock market surged across the board, with their total market value increasing by US$1.85 trillion (approximately RMB 13.4 trillion) in just one day, and all this happened within just a few hours.
Interestingly, Trump himself posted on his social media platform Truth Social shortly after the U.S. stock market opened: Now is a great time to buy. He also encouraged fans to calm down and predicted that everything will work out fine.
These remarks seemed to be encouragement to the market at the time, but combined with everything that happened afterwards, they cant help but make people think more.
According to market data disclosed by Unusual Whales, before Trump issued this buy recommendation, traders had already opened a large number of $QQQ, $TQQQ and $SPY call options. Even more shocking is that just before the announcement of the tariff suspension, someone opened $SPY 509 call options expiring on the same day, and these options soared by an astonishing 2100% in just one hour!
All trading volume was newly opened on the same day, which was particularly unusual at a time when the market volatility index (IVR) was as high as 82 and the implied volatility (IV) was extremely high. Traders seemed to have a clear idea of the market direction and made firm directional bets.
Using the net premium data to track, it is clear that after these openings, more investors followed suit, loading up on call options and betting on a market reversal. All this points to a disturbing conclusion: someone knew about this major policy shift in advance.
On X, many people expressed dissatisfaction with the comparison but could do nothing about it.
Trump is using the presidency to make millions of dollars for his family and friends.
“The market is like a casino for connections, and we are just the fools at the table.”
What’s even more ironic is that a few days ago, CNBC reported that Trump was considering suspending tariffs on some countries for 90 days. At that time, White House Press Secretary Carolyn Levitt quickly came out to refute the rumor, calling it “fake news.”
A few days later, this rumor turned into a far-ahead prophecy.
Trump plays with the cryptocurrency world
This is not the first time Trump has manipulated the financial markets this year. He has played tricks on the cryptocurrency world twice before.
On March 2, 2025, Trump announced on social media that he would establish a strategic cryptocurrency reserve, which directly drove up the prices of tokens such as XRP, SOL, and ADA.
Just when everyone was wondering why BTC and ETH were not mentioned, Trump once again posted on the community media, saying, It is obvious that BTC and ETH, as well as other valuable cryptocurrencies, will be at the core of the reserves. I also like Bitcoin and Ethereum.
Ethereum rose in response.
However, these measures and actions are more like the masterpieces of Trumps sons. The second son Eric Trump applauded on social media:
I love the genius of announcing the strategic reserve on Sundays, when traditional markets are closed and Wall Street is asleep. For the first time, retail investors win. Traditional finance better catch up or it will soon become extinct. The world no longer runs Monday through Friday, 9am to 5pm.
The crypto industry booed this order call and questioned whether members of the Trump family were involved in a large amount of insider trading.
In January 2025, during the issuance of Trump Meme Coin, a large number of insider trading was also lurking.
Data analysis platform Bubblemaps pointed out that a certain address starting with 6 QSc 2 had received funds 4 hours before the release of the TRUMP token, and in the first minute of the token release, it spent US$1 million to purchase 5.9 million TRUMPs.
The address then transferred all TRUMP to the ff.sol address, and then distributed it to 10 addresses and sold it in batches, cashing in tens of millions of dollars.
This is just the tip of the iceberg of insider trading. The Trump family has publicly cashed out hundreds of millions of dollars through Meme coins such as $TRUMP. In the crypto market, which lacks regulation, Trump is even more unscrupulous.
This may not be surprising to people who are familiar with Trump, because he was also questioned for using insider information he created to profit during his last term.
In 2019, the American magazine Vanity Fair published an exclusive report stating that behind Trump’s series of seemingly confusing tariff statements on China and the United States, there was an extremely profitable insider trading secret.
Take June 28 as an example. In the last 30 minutes of trading that day, someone made a large long position in the SP futures contract.
Subsequently, Trump announced in Osaka, Japan that China and the United States would resume negotiations. Stimulated by the good news, the U.S. stock market surged. This mysterious fund that made a big profit of nearly $1.8 billion in a week.
All crows are black. Not only Trump, but most other White House officials are also masters of the financial market.
For example, former Democratic Speaker Pelosi is known as the Capitol Hill Stock God and has many impressive achievements:
In January 2021, before the Biden administration announced subsidies for electric vehicles, Pelosi’s husband Paul bought millions of dollars worth of Tesla stock;
In March 2021, Microsoft received a $22 billion order for AR combat helmets from the U.S. Department of Defense. Before the stock price skyrocketed, Paul bought Microsoft stock at a low price;
In July 2021, amid an antitrust investigation into large U.S. technology companies, Paul went long on Google, which was ultimately unaffected, with its stock price soaring and Paul making a killing;
In July 2022, the U.S. Congress voted on a chip manufacturing subsidy bill that aims to provide $52 billion in subsidies to the U.S. chip industry, and Paul had purchased $1 million to $5 million worth of Nvidia stock a few weeks ago.
According to OpenSecrets statistics, in 2021, the Pelosi couples return on investment was as high as 56.15%. In 2024, Pelosis investment portfolio made a profit of 70.9%, far exceeding the 25% increase in the SP 500 index, and also exceeding the God of Stocks Buffett (return rate of 26%), Wall Streets King of Actuary David Shaw, Father of Quantitative Investment Jim Simons and other investment celebrities.
The arrogance of power: the ultimate bully in financial markets
Why do we hate insider trading so much?
Because this is bullying by the privileged class against ordinary people who follow the rules.
In the financial markets, ordinary investors work hard to research and take risks, all in pursuit of one thing: fairness, fairness, and fairness.
When the head of a country can manipulate the market at will through policy announcements and allow his cronies to make advance arrangements to profit, this is no longer just a matter of insider trading, but a complete distortion of the market mechanism by power.
In the traditional sense, insider trading mostly relies on insider information to make profits and acts in a secretive manner, but at least the traders are aware that their behavior is dishonorable.
But now, Trump not only directly creates insider information, but also publicizes it without any concealment, showing an attitude of what can you do to me.
In this era deeply kidnapped by power and capital, if even the most basic market fairness cannot be guaranteed, then the so-called globalization and free market economy are nothing more than a one-man show of the power elites.
Perhaps this is the ultimate form of contemporary capitalism - power directly manipulates the market, the elite openly reaps global wealth, and most people can only act as ignorant pawns in this huge insider trading game.
