The official $TRUMP meme coin wallet withdrew another $33 million in USDC from liquidity pools and deposited it into Coinbase, bringing total extractions to $94 million over 30 days.
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.
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.
Systematic Withdrawals Follow Established Pattern
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.
Source: Arkham
The systematic removal of liquidity comes as President Trump’s crypto ventures face intensifying scrutiny.
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.
The $TRUMP and $MELANIA meme coins alone produced roughly $427 million in revenues, capitalizing on brand recognition and political influence.
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.
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.
Trump Media Emerges as Major Bitcoin Holder
Trump Media & Technology Group has positioned itself among the world’s largest institutional holders of Bitcoin.
The Nasdaq-listed company currently holds approximately 11,542 BTC, valued at over $1 billion, representing roughly 20% of its total market capitalization.
Source: BitcoinTreasuries
The strategy places TMTG eleventh among publicly traded companies with Bitcoin treasury positions, ahead of Tesla, Block, and Galaxy Digital.
