Trump Team Pulls Millions From TRUMP Memecoin Liquidity Pools During Price Rally

Wallets linked to the TRUMP memecoin team added and removed liquidity from the token's Solana pools again this week. On-chain analyst LookOnChain flagged $3.39 million in USDC pulled from the pool in 10 hours.

The withdrawal coincided with TRUMP rallying sharply this week. Traders linked part of the move to President Donald Trump's recent comments about the government potentially expanding its Bitcoin holdings.

A Familiar Mechanism

The team does not sell TRUMP directly on the open market. Instead, it deposits only TRUMP tokens into single-sided liquidity positions on Meteora, a Solana decentralized exchange.

As traders swap within a set price range, the pool automatically converts TRUMP into USDC. The team then withdraws that USDC and bridges it to exchanges like Coinbase.

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