The official TRUMP Meme Team wallet moved another $33 million USDC from its liquidity pool to Coinbase today. Over the past 30 days, total withdrawals reached $94 million USDC, all routed to Coinbase. On-chain analytics flagged a new transaction involving the official TRUMP Meme Team wallet.
The official TRUMP Meme Team wallet withdrew another $33 million USDC from the liquidity pool and deposited it into Coinbase today. Price stability of meme tokens such as $TRUMP is pegged on liquidity pools.
The removal of USDC off a pool has an immediate impact of depleting the depth of stablecoins to swaps. Sending funds to Coinbase adds another layer of market relevance. A direct deposit will not prove an immediate sell. These liquidity exits underscore ongoing operational activity behind the meme token and could influence liquidity depth and market dynamics in the near term.
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