Trump Crypto Wallets Drain $3.39M During Rally Amid Growing Concerns
The Trump crypto wallet team made a significant withdrawal of $3.39 million in USDC from Meteora pools within ten hours.
This transaction occurred during a sharp rally in the TRUMP price, which gained 79% across seven days, trading near $2.52 according to CoinGecko data.
The wallets supplied only TRUMP tokens to single-sided liquidity positions on Meteora before withdrawing USDC, a process that converts tokens through trader swaps rather than direct market sales.