The TRUMP meme team is cashing out big time. On-chain data flagged by analyst EmberCN on December 31 shows the deployment address behind the controversial memecoin transferred a whopping 33 million USDC to Coinbase over December 30-31. This latest withdrawal isn’t a one-off event. It’s part of a larger pattern.
Over the past three weeks, the same wallets have shipped off 94 million USDC to Coinbase. Not exactly pocket change. The funds come from liquidity pools after being converted from TRUMP tokens using a clever mechanism on Meteora. Instead of dumping directly on spot markets, they’re using single-sided liquidity sales. Pretty slick way to cash out without tanking the price all at once.
The wallets behind these moves? Definitely team-linked. Arkham Intelligence has labeled the deployment address as “Memecoin Trump deployment” and tagged the recent 33 million USDC withdrawal as part of the official TRUMP meme cluster. Can’t hide on the blockchain, folks.
Blockchain don’t lie – team wallets caught red-handed moving millions while Arkham watches every move.
This isn’t their first rodeo either. Back in June, they shipped 3.53 million TRUMP worth 32.8 million to Binance. Earlier 2025 transfers topped 12.54 million TRUMP valued at 150.7 million across various exchanges. They’re spreading it around—Binance, OKX, Bybit, Robinhood, Kraken. But lately, Coinbase is getting all the love.
Meanwhile, Trump Media received 260 BTC worth 21 million from Coinbase recently, after depositing 560 BTC there last week. Interesting timing. Compared to Bitcoin’s established market dominance, the TRUMP token displays much higher volatility typical of altcoins.
Market watchers are getting nervous. With a January 17 token release set to bring another 246 million in value, supply pressure could mount. Some experts are already calling the project dead.
The MELANIA token team used the exact same liquidity technique. The token currently trades at $4.96 per unit, down significantly from its peak of $73 in January. The market has been especially volatile during these transactions as institutional investors typically exit during holidays, creating additional selling pressure. Like founder, like family?
Justin Sun remains bullish though, announcing an additional 100 million TRUMP purchase in July 2025. Either he knows something we don’t, or… well, you know.
