On-chain analysis indicates that the team behind Trump's meme token, $TRUMP, has allegedly moved $94 million USDC to Coinbase. This transfer occurred over a three-week period through one-sided liquidity sales, as reported by on-chain analyst Yujin. Additionally, similar cash-out activities were noted with the $MELANIA token, suggesting a possible connection between the two teams. This financial maneuvering coincides with new token listings gaining popularity on major exchanges.
Trump's Meme Token Team Allegedly Cashes Out $94M USDC on Coinbase
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
