$TRUMP Meme Team Wallet Transfers $33M in $USDC to Coinbase

BlockChainReporter
TRUMP1,68%
MEME-8,37%
IN3,47%
USDC-0,04%

The Official $TRUMP Meme Team wallet has recently performed another $USDC transaction. In this respect, the Official $TRUMP Meme Team wallet has transferred a staggering $33M in $USDC to Coinbase. As per the data from Lookonchain, this transfer has raised the total monthly withdrawals of the wallet to $94M. This comes as part of the wide-scale withdrawals getting the attention of traders and analysts.

The Official $TRUMP Meme Team wallet withdrew another 33M $USDC from the liquidity pool and deposited it into #Coinbase today.Over the past month, the $TRUMP meme team has withdrawn a total of 94M $USDC from the liquidity pool and deposited it into #Coinbase.… pic.twitter.com/jFDePaaK0L

— Lookonchain (@lookonchain) December 31, 2025

Official $TRUMP Meme Team Wallet’s Monthly $USDC Transfers Hit $94M

In line with the market data, the transaction of $33M by the Official $TRUMP Meme Team wallet in the form of $USDC to Coinbase has caught market-wide attention. The move could reportedly have a notable impact on the market and liquidity strategies, along with raising bearish pressure on the $TRUMP token. With this, the cumulative 30-day withdrawals have hit the huge $94M $USDC mark. The on-chain statistics also disclose transfers of more than 30M $USDC from Meteora into the Trump Meme vault.

The respective transfers indicate that the vault is aggressively engaged in liquidity management across platforms ahead of moving capital into centrally controlled exchanges. The repeated transfers into Coinbase have raised speculation about the wider strategy backing the $TRUMP meme network. As per some, the team may be getting ready for liquidity repositioning or large-scale conversions. However, the others are of the view that the development is an indication of broader profit-taking due to the growing market volatility.

Rising Profit-Taking Concerns Increase Speculation of Further Bearish Pressure on $TRUMP

According to Lookonchain, the Official $TRUMP memecoin Team wallet is continuously withdrawing $USDC as the latest $33M transfer to Coinbase suggests. Thus, the move has triggered concerns of profit-taking that could highly influence liquidity dynamics apart from elevating bearish pressure on $TRUMP, which is currently trading at $4.93. Keeping this in view, the traders and analysts will be keenly observing the signs of additional liquidity shifts.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

On-chain EWY's largest long position hit the rebound of the Korean stock market, with a return on holdings reaching 115%

On the Hyperliquid platform, the largest long whale holding the iShares Korea ETF mapping contract cash: EWY successfully turned a profit, with unrealized gains reaching $310,000, a position size of $6.42 million, and an average price of $126. After a rebound, EWY's price this morning rose to $134, a 6% increase.

GateNews50m ago

Circle has minted 2 billion USDC over the past 2 days

Odaily Planet Daily reports that, according to Lookonchain monitoring, stablecoin issuer Circle has minted 2 billion USDC in the past 2 days.

GateNews11h ago

European banking giants join forces: Can the euro stablecoin reshape the global crypto landscape?

The article discusses the background and significance of the Qivalis alliance launching a euro-pegged stablecoin, marking Europe's banking system's response to on-chain finance and aiming to counter the influence of dollar stablecoins. The alliance consists of 12 major banks, emphasizing a robust reserve mechanism to attract institutional investors and promote the application of stablecoins in the digital asset space. The article suggests that future on-chain finance may evolve into a multi-sovereign clearing structure, rather than being centered solely around the US dollar.

PANews14h ago

OSL StableHub Launches USDGO with Limited-Time 100% Annualized Incentive

OSL Group's StableHub launches a corporate-grade compliant USD stablecoin USDGO holding reward campaign. New users can receive up to 1000 USDGO with a 100% annualized reward, while existing users enjoy an 18% annualized reward. This campaign runs from March 10, 2026, to April 10, 2026. StableHub supports multiple stablecoins and USD exchanges and has opened spot trading for USDGO.

GateNews14h ago

Oil prices surge, interest rate cut expectations cool down! Circle benefits as the target price breaks $100

U.S. stablecoin giant Circle recently surged nearly 8% in stock price, hitting a four-month high, due to soaring oil prices and a cooling of interest rate cut expectations. Mizuho Securities raised its target price to $100, while maintaining a "Neutral" rating, but became more optimistic about profit prospects. Analysts believe that if the Federal Reserve continues to keep interest rates high, Circle's revenue will benefit accordingly, but market competition and regulatory pressures should still be watched carefully.

区块客19h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)