Trump Meme Coin Team Withdraws $94 Million from Liquidity Pools in 30 Days
The official $TRUMP meme coin wallet recently withdrew 33 million USDC from the Meteora liquidity pools and moved it to Coinbase custody, bringing total withdrawals to 94 million USDC over a 30-day period, according to LookOnChain.
Arkham Intelligence reported the withdrawals took place within a 24-hour window, with USDC drawn from Meteora pools in multiple batches as large as 17.2 million. These funds were consolidated into Fireblocks custody addresses linked to Coinbase.
This operation mirrors a similar pattern from three weeks earlier, when 33 million USDC was also transferred to Coinbase-linked custody addresses in two large transfers.
An analysis by the Financial Times revealed that the Trump family generated approximately $1 billion in pre-tax gains from digital asset ventures in the past year. The $TRUMP and $MELANIA tokens alone produced roughly $427 million in revenues, while World Liberty Financial raised $550 million. Donald Trump personally earned about $57.4 million from this venture.
Trump Media & Technology Group (TMTG) holds around 11,542 BTC valued at over $1 billion, accounting for roughly 20% of its market capitalization. This makes TMTG one of the largest holders of Bitcoin among companies, with only MicroStrategy, Marathon Digital, and Block possessing larger treasuries. Devin Nunes stated that these Bitcoin holdings protect financial freedom. However, TMTG stock has underperformed Bitcoin by about 64% year-to-date.
Federal prosecutors filed a class-action lawsuit against Meteora co-founder Benjamin Chow, alleging pump-and-dump schemes involving tokens such as MELANIA, LIBRA, M3M3, ENRON, and TRUST.
Following the lawsuit filing, three Trump-linked addresses received a $4.2 million Meteora token airdrop deposited on the OKX exchange. Meanwhile, the MELANIA token has suffered a dramatic crash, declining from a peak of $13.73 to $0.118, representing a loss of over 99%.
Forensic analysis has identified coordinating wallets that funded deployer accounts and sniper wallets used to capture early supply of these tokens.
