TRUMP Treasury Address Transfers 94 Million USDC to an exchange, Funds Originated from Deployment Unilateral Liquidity Mining Rewards
BlockBeats News, December 31st. According to EmberCN's monitoring, in the past 3 weeks, the deployment address of the Meme token TRUMP issued by Trump transferred 94 million USDC to an exchange.
This USDC originated from their sale of TRUMP single-sided liquidity on Meteora (i.e., when adding liquidity, only TRUMP is deposited and automatically sold to the corresponding stablecoin pair within a set price range).
EmberCN's analysis stated that both TRUMP and MELANIA's primary cash-out method involved single-sided liquidity sales, eventually converting to USDC flowing into an exchange. Behind this, there may be the same trading team.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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