TRUMP Team-Linked Wallets Drain $3.39M in USDC from Solana Pools
Wallets linked to the TRUMP team withdrew $3.39 million in USDC from Solana liquidity pools over 10 hours as the token rallied with broader crypto sentiment.
This move repeated a strategy seen before, where team-linked wallets supplied TRUMP into single-sided liquidity positions on Meteora and traders converted the tokens into USDC before withdrawing the stablecoins.
The same structure appeared in April 2025, when linked wallets removed about $4.6 million in USDC, and earlier withdrawals reached $94 million over 30 days.
While removing liquidity does not automatically force the TRUMP price lower, thinner pools can increase slippage and make large trades more disruptive.