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

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

BeInCryptoBeInCrypto2026/08/24 05:03
By:BeInCrypto
Wallets linked to the TRUMP memecoin team added and removed liquidity from the tokens 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 Trumps 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. President Trumps own remarks at a White House crypto summit this month fueled part of the broader rally. Coinbase CEO Brian Armstrong called for a new crypto bull market days after that meeting, citing renewed sentiment across the sector. A Pattern, Not a One-Off LookOnChain first documented this exact mechanism in April 2025. The team pulled $4.6 million in USDC from a pool that month. It then bridged the funds to Ethereum and deposited them at Coinbase Prime. Trump saw a large spike after the announcement by the US President about buying BTC. Image Source: CoinGecko By December 2025, the same wallet had pulled $94 million over 30 days. Arkham Intelligence data showed batches ranging from $2 million to $17.2 million moving into Fireblocks custody addresses linked to Coinbase. Retail holders have absorbed much of the downside from this playbook. BeInCrypto has reported that 1 million TRUMP buyers are sitting on $3.81 billion in losses since launch. The team has also flagged plans to deploy up to 96 million tokens from its unlocked supply in the coming months. Removing liquidity does not guarantee a price crash. Pool depth, not spot demand, absorbs the initial impact. However, thinner pools leave the token more exposed to sharp swings. That risk grows whenever a Trump-linked headline drives a rally, exactly the situation TRUMP faces now. On-chain data has not yet confirmed whether this weeks withdrawal matches Decembers scale. The bigger question is whether insiders will keep harvesting liquidity every time a Trump-linked headline lifts the price.
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