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Trump Crypto Wallets Siphon $3.39M Amid TRUMP Token Rally

Guavy AI Editorial Team
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SOL USDC TRUMP TRU
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Trump crypto wallets linked to his team removed $3.39 million in USDC from Meteora pools over ten hours, according to LookOnChain data.

The withdrawal occurred during a sharp rally in the Solana-based token TRUMP, which saw its price jump 79% across seven days, trading near $2.52 on CoinGecko.

Team-linked wallets used single-sided liquidity positions on Meteora, a decentralized exchange on Solana, to convert TRUMP tokens for USDC through trader swaps, not direct market sales.

This process spread the execution of the withdrawal across pool activity, rather than displaying a single large market sell. However, it still reduced TRUMP exposure and increased the wallets' USDC balances.

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