The deployment address of meme coin TRUMP has transferred a total of 94 million USDC to an exchange in the past three weeks.
PANews reported on December 31 that, according to on-chain analyst Yujin's monitoring, over the past three weeks, the deployment address of Trump's meme coin TRUMP has transferred 94 million USDC into a certain exchange.
These USDC originated from the proceeds of selling TRUMP via single-sided liquidity provision on Meteora (that is, only TRUMP was provided as liquidity without U, and when the set price range was reached, these TRUMP were sold for U). Their meme tokens (TRUMP and MELANIA) are mainly cashed out through single-sided liquidity sales, which are ultimately converted into USDC and transferred to an exchange. The same team may be operating behind the scenes.
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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