by Coinstrooper Crypto Articles
Quick Take
  • The wallet managing the official $TRUMP meme coin withdrew another $33 million in USDC from its liquidity pool and deposited the funds into Coinbase.
  • Over the past 30 days, the team has extracted a total of $94 million from the pool, according to blockchain analytics firm LookOnChain.
  • On-chain data from Arkham Intelligence shows the Official Trump Meme wallet executed multiple transactions over a 24-hour period.
  • Three weeks ago, the team conducted similar operations, withdrawing $33 million in two separate transfers to Coinbase-linked custody addresses.

What Happened

Over the past 30 days, the team has extracted a total of $94 million from the pool, according to blockchain analytics firm LookOnChain.

On-chain data from Arkham Intelligence shows the Official Trump Meme wallet executed multiple transactions over a 24-hour period.

Systematic Withdrawals Follow Established Pattern

Market Context

The wallet managing the official $TRUMP meme coin withdrew another $33 million in USDC from its liquidity pool and deposited the funds into Coinbase.

The wallet pulled USDC in batches ranging from $2 million to $17.2 million from Meteora’s liquidity pools, then consolidated the funds and transferred them to Fireblocks custody addresses linked to Coinbase.

The systematic removal of liquidity comes as President Trump’s crypto ventures face intensifying scrutiny.

The $TRUMP and $MELANIA meme coins alone produced roughly $427 million in revenues, capitalizing on brand recognition and political influence.

The venture’s governance token began trading on major exchanges in September, briefly valuing the Trump family’s stake at over $6 billion when prices touched $0.30.

At that time, trading volumes exceeded $1 billion within the first hour, though prices later retreated 16% to $0.23.

The Nasdaq-listed company currently holds approximately 11,542 BTC, valued at over $1 billion, representing roughly 20% of its total market capitalization.

Why It Matters

Three weeks ago, the team conducted similar operations, withdrawing $33 million in two separate transfers to Coinbase-linked custody addresses.

Those transactions followed the same pattern, multiple smaller withdrawals from Meteora pools, followed by consolidation and transfer to Fireblocks custody wallets.

Details

Back in October, it was revealed that the Trump family has generated approximately $1 billion in pre-tax gains from digital asset projects over the past year, according to Financial Times analysis.

World Liberty Financial, the family’s flagship DeFi venture, raised $550 million through token sales.

Trump’s official financial disclosure revealed he personally received $57.4 million in income from his association with the firm, which is primarily run by his sons.

He holds 15.75 billion WLFI tokens, representing 15.75% control of the entire project.

Trump Media Emerges as Major Bitcoin Holder

Trump Media & Technology Group has positioned itself among the world’s largest institutional holders of Bitcoin.

The strategy places TMTG eleventh among publicly traded companies with Bitcoin treasury positions, ahead of Tesla, Block, and Galaxy Digital.

Only MicroStrategy, Marathon Digital, and Block maintain larger reserves. CEO Devin Nunes said the Bitcoin holdings “help ensure our Company’s financial freedom, help protect us against discrimination by financial institutions.“

Despite the substantial Bitcoin holdings, TMTG shares have significantly underperformed the crypto itself.

While Bitcoin declined 4.9% year to date, TMTG plunged nearly 64% the same period.

Legal Challenges Mount Across Trump Crypto Empire

The family’s crypto ventures face mounting legal pressure.