TRUMP memecoin wallets moved $94M in USDC from liquidity pools to Coinbase in December
In December, onchain analysts observed wallets linked to the Official Trump (TRUMP) memecoin on Solana withdrawing roughly $94 million in USDC from TRUMP liquidity pools and sending the funds toward Coinbase. The latest transfer involved 33 million USDC routed via an entity labeled Fireblocks, while the token itself has fallen from a January peak of $75.35 to trading below $5 by year's end.