TRUMP Team Wallets Siphon $3.39M in USDC Amid Token Rally

Wallets linked to the TRUMP memecoin team withdrew $3.39 million in USDC from Solana liquidity pools over a 10-hour period as TRUMP rallied with broader crypto sentiment.

The wallets, which are associated with the TRUMP team, placed TRUMP into single-sided liquidity positions on Meteora and then had traders convert the tokens into USDC before withdrawing the stablecoins.

This mechanism has been used by the team previously, most notably in April 2025 when linked wallets removed about $4.6 million in USDC, which was later moved through Ethereum to Coinbase Prime.

The same wallet had also withdrawn around $94 million over a 30-day period by December, with individual transfers ranging from $2 million to $17.2 million.