TRUMP Meme Coin Plummets 6% as Insiders Withdraw Millions

The TRUMP meme coin has come under intense scrutiny following the withdrawal of millions of dollars from liquidity pools by key wallets associated with early insiders and the Trump Meme Team. This move coincided with a sharp decline in the coin's price, raising concerns about a potential exit strategy by those involved.

On-chain data reveals a sudden and coordinated exit. A wallet linked to the Trump Meme Team, identified as 0xC6f64aCde165c…, withdrew 347,337 TRUMP tokens, valued at approximately $3.12 million, and 4.4 million USDC, valued at approximately $4.4 million, from the Metrona (TRUMP-USDC) pool. Both tokens were subsequently bridged to Ethereum, with some funds even landing on Coinbase. This activity appeared more like an exit strategy rather than a routine shift.

The wallet, which had been inactive for weeks, was tied to early team reserves. Its sudden move, without any statement or warning, sparked fresh speculation of an insider-led dump. Compounding the issue was a separate Solana wallet, Kewh32zffqXCaGuf…, which dumped 275,672 TRUMP, valued at approximately $2.49 million, just hours before the team withdrawal. The timing of these actions suggests coordinated efforts, especially given the wallet’s prior ties to staking routes and known insider funding paths.

The result was swift: TRUMP coin lost over 6% intraday and is now down nearly 90% from its all-time high. Funding rates have flipped negative, and slippage across decentralized exchange (DEX) pools has increased as liquidity dries up. Real-time AI analytics platform Alva flagged a sentiment shift to negative shortly after the transactions, noting a mismatch between public bullish narratives around TRUMP coin and the private actions of large token holders.

Adding to the narrative mismatch were recent TRUMP-tagged headlines, including token adoption by an electric vehicle company and a political ceasefire announcement. While these headlines were bullish, on-chain flows painted a very different picture. The funds removed were not simply parked; data confirms that over $4.4 million USDC and team-linked TRUMP tokens were later routed to Ethereum wallets and centralized exchanges (CEXs), including Coinbase. The tokens appear to have been bridged via standard Solana–Ethereum pathways, but the pattern echoes previous soft rug tactics; bridge first, offload second.

A few days prior, similar CEX-specific moves were detected when a wallet linked to the TRUMP team started moving tokens to Binance. Since the end of April, over 12.54 million TRUMP coins have been sent to exchanges in four batches. Further analysis of 0xC6f64a… reveals it engaged in prior multi-batch burns, subtle wallet shuffling, and timed token rotations across null addresses; all behaviors consistent with teams preparing for large exits without triggering early panic.

There has been no word from the TRUMP coin team since the exits began: no update, no explanation. The team’s silence has done more damage than the sell-off itself. The lack of communication has left investors and observers speculating about the motives behind these actions and the future of the TRUMP coin.