Wallets linked to the Official Trump memecoin team received 3.39 million USDC over roughly 10 hours by repeatedly adding and removing liquidity from TRUMP markets on Solana.

The transactions used single-sided TRUMP liquidity positions rather than conventional market sells. As traders exchanged USDC for TRUMP within the configured price ranges, the positions accumulated USDC that could then be withdrawn by the liquidity provider.

TRUMP Liquidity Positions Convert Tokens Into USDC

The activity centered on Meteora liquidity pools, where TRUMP was deposited into price-range positions and gradually converted into USDC as market trades passed through them. The resulting stablecoins were then removed from liquidity, allowing the wallets to monetize TRUMP inventory without sending a single large sell order directly into an exchange order book.

The same mechanism has appeared before. Trump-linked wallets removed about $4.6 million in USDC from similar liquidity positions in April 2025 before moving funds through Ethereum and Coinbase Prime-linked infrastructure. Previous direct exchange movements also included a $52 million TRUMP transfer during a May 2025 rally.

A later round of selling pressure contributed to a 20% TRUMP drop following the April 2026 Mar-a-Lago holder event, when the token fell from above $3.10 toward $2.50.

TRUMP has rallied sharply alongside the wider crypto market, trading near $2.70 on Monday after sitting around $1.40 a week earlier. The token was up about 17% over 24 hours, while daily trading volume climbed above $1.3 billion. That level of activity can make liquidity-based conversions easier to execute because buyers entering the pool provide the USDC received by the liquidity position, even though the process still runs through automated liquidity ranges rather than a conventional spot-market order.

The rebound came as Bitcoin returned above $77,000 and President Donald Trump renewed his crypto push at a White House summit, where he backed the CLARITY Act and discussed potential expansion of federal Bitcoin holdings.

Token Remains Far Below Its 2025 Peak

Official Trump reached above $75 shortly after its January 2025 launch, leaving the token more than 96% below its peak despite the latest recovery. Its current market capitalization sits near $679 million with about 251 million tokens circulating.

Trump-linked crypto ventures have generated substantial revenue through token sales, trading fees and related structures, with public estimates placing the family’s wider crypto proceeds in the billions.

The latest liquidity activity leaves the identified wallets with another $3.39 million in USDC extracted during TRUMP’s rebound, while the token continues trading near $2.70 with more than $1 billion in daily volume.

Source: lookonchain on X