Wallets linked to the TRUMP memecoin team withdrew $3.39 million in USDC from Solana liquidity pools over 10 hours this week as the token rallied sharply. The team uses single-sided liquidity positions on Meteora, a Solana decentralized exchange, depositing only TRUMP tokens and allowing trading activity to convert them into USDC before withdrawing the stablecoin and bridging it to exchanges such as Coinbase. The rally was linked partly to President Donald Trump’s comments about potentially expanding government Bitcoin holdings and to remarks at a White House crypto summit this month. Coinbase CEO Brian Armstrong later called for a new crypto bull market, citing renewed sector sentiment. LookOnChain first documented the mechanism in April 2025, when the team withdrew $4.6 million in USDC, bridged it to Ethereum and deposited it at Coinbase Prime. By December 2025, the same wallet had withdrawn $94 million over 30 days, while Arkham Intelligence recorded transfers of $2 million to $17.2 million into Fireblocks custody addresses linked to Coinbase. BeInCrypto reported that 1 million TRUMP buyers have suffered $3.81 billion in losses since launch. The team has also flagged plans to deploy up to 96 million tokens from its unlocked supply in the coming months. Removing liquidity does not guarantee a crash, but thinner pools can make TRUMP more vulnerable to sharp price swings. On-chain data has not confirmed whether this week’s withdrawal matched December’s scale, leaving open the question of whether insiders will continue harvesting liquidity when Trump-linked headlines lift the token.