A Liquidity Pool Sale, Not a Straight Dump

President Trump's team collected the $3.39 million by adding and removing liquidity tied to $TRUMP over a 10-hour window, rather than dumping tokens directly onto an exchange order book. The approach is one the team has used before: seeding Solana liquidity pools with $TRUMP-only positions at target prices, then letting market buyers trigger an automatic swap into $USDC as the token climbs through those levels. For traders, that matters because activity routed through liquidity pools can affect supply and execution differently than a simple market sale, even when the end result is the same transfer of value out of the position.

The same technique was deployed in April of last year, when developers quietly pulled 4.6 million $USDC from a liquidity pool just ahead of a scheduled token unlock.

$TRUMP launched on Solana on January 17, 2025, as the first memecoin issued by a sitting U.S. president. At the time of writing, the token changed hands at $2.46, up 75% over the past week, with a market capitalization of $629.5 million and $864.3 million in 24-hour trading.

A Week of Similar Transactions

The past few days have seen comparable sales originate from different wallets. On August 23, the Official Trump team moved roughly 646,000 $TRUMP tokens, worth about $15.5 million, to OKX across two separate transactions. A subsequent transfer saw another 2.62 million tokens, worth $6.2 million, moved. The repeated transfers have kept attention on how closely linked the token's trading activity remains to wallet movements from the project side.

Bitcoin.com News reported in May that Trump Media transferred 2,650 bitcoin worth roughly $205 million to Crypto.com, a step the company's leadership never ruled out as balance-sheet monetization. Separately, World Liberty Financial, the Trump family's other crypto venture, sold 5.9 billion WLFI tokens to private buyers without notifying earlier backers, a deal from which the Trump family collected 75% of proceeds.

A Token Far From Its Highs, Searching for Direction

$TRUMP's price trajectory has been extremely rocky since its debut. The token initially spiked above $73 within just two days of launch before shedding the vast majority of its value. A couple of months ago, the token's core dev team cumulatively moved 48.25 million tokens, worth roughly $172.4 million, across three separate batches over five months, a stretch during which $TRUMP's price fell more than 66%.

The steady selling has fueled proposals to prop the token back up. Trump promoter Bill Zanker's firm, Fight Fight Fight LLC, has been pursuing a fundraising push of at least $200 million, potentially scaling to $1 billion, to launch a digital asset treasury company dedicated to buying $TRUMP on the open market, according to Bloomberg. That plan remains unconfirmed and has not closed as of this writing.

The latest withdrawals indicate that insiders are extracting value even as retail traders bid the token higher, a dynamic that has defined the memecoin's volatile first year and a half on the market. With $TRUMP now several months into trading and multiple wallet movements already documented, the project remains a closely watched example of how memecoin liquidity, exchange transfers and token ownership can stay intertwined long after launch.

Source: Bitcoin.com