TRUMP Team Withdraws $3.39 Million in Liquidity During Price Rally
TRUMP, a memecoin associated with the Trump family, has experienced another large withdrawal of liquidity. Over a 10-hour period, wallets linked to the TRUMP team removed about $3.39 million in USDC from Solana liquidity pools.
This mechanism converts TRUMP tokens into stablecoins through single-sided liquidity positions on Meteora. As market participants trade against these positions, the TRUMP tokens are effectively exchanged for USDC, which is then withdrawn from the pool.
This pattern has appeared before, with similar withdrawals in April 2025 and December of the same year. The largest withdrawal in December reached $94 million over a 30-day period, with individual transfers ranging from $2 million to $17.2 million.