Trump-Linked Wallets Pull $3.39M USDC Amid Solana Price Rally
Recent activity has been observed involving wallets associated with Donald Trump's crew on the Solana blockchain. The wallets withdrew $3.39 million worth of USDC (USD Coin) from liquidity pools on Meteora, a project built on top of Solana.
The withdrawal comes amidst a strong rally in the market, with prices rising by 73.3% in just one week. This trend is not new, as similar wallet activity was observed in April 2025 and December last year, where substantial amounts of USDC were withdrawn from liquidity pools.
Liquidity management continues to be a concern for the market, particularly when trading volumes are high. Thin liquidity can increase the price impact, making it more volatile. The watched wallet has over $5.3 million in USDC holdings, but transactions do not indicate that the outflowed funds have been moved to an exchange.