Official Trump (TRUMP) Developer Withdraws $4.6M Liquidity and Transfers Funds to Ethereum

Investors have raised concerns about the Official Trump (TRUMP) token because a person related to the project transferred $4.6 million USDC funds from its liquidity pool.

The Solana funds moved rapidly from Solana to Ethereum before being deposited in a wallet identified as Coinbase Prime property. The liquidity move occurred just before the token’s scheduled unlock, which is set to release another 20 percent of TRUMP’s supply. On-chain data shows the developer’s wallet still holds over 15.3 million TRUMP tokens. This activity has renewed concerns that future token unlocks may increase selling pressure.

Developer withdraws liquidity before token unlock

The Official Trump token launch-associated wallet emptied $4.6 million USDC from the decentralized exchange pool last day. The wallet did this transaction precisely before the token unlock event, triggering suspicions about insider trades. Similar actions that had appeared in previous celebrity meme tokens were copied. The funds were transferred to the Ethereum network and then sent to a wallet connected to Coinbase Prime.

The Trump family’s ongoing association with Ethereum, particularly through the World Liberty Fi initiative, adds more significance to this move. World Liberty Fi reportedly holds over 25.43 million USDC, though it is unclear if these funds are connected to the TRUMP token’s liquidity.

Market activity and whale influence

The high liquidity level of TRUMP maintains its position as one of Solana’s most liquid meme tokens because available liquidity reached $327.6 million despite the developer’s interference. The current market liquidity enables substantial holders and initial members to withdraw gains through profits while maintaining minimal price volatility. TRUMP is still influenced heavily by whale traders. 

On-chain data shows 706 wallets have sold TRUMP recently, compared to 456 bought. Most sellers were small wallets, while buyers made more significant trades. Two Whales acquired TRUMP with $5 million in USDC and sold shortly after, taking minor profits as the token bounced from a daily low of $7.80 to around $7.95.

Celebrity tokens face investor skepticism

The TRUMP token’s price action has been sluggish compared to other Solana-based meme coins. Over the past week, it has gained just 6 percent, while other tokens have surged more than 22 percent. This underperformance mirrors what has been observed with the Melania (MELANIA) token, which also saw liquidity removed by team wallets.

The market presents a conservative outlook because investors watch as ongoing insider transactions impact token value. Despite its branding, TRUMP lacks strong community support or viral momentum.

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