Arkham: Trump team did not sell $500 million TRUMP
Odaily News According to Arkham analysis, the Trump team did not sell $500 million of TRUMP. It pointed out that the team held about $500 million in TRUMP liquidity pools on the chain, and they took out a total of $20 million (as USDC) from these pools. In addition, the team appears to have sent $92 million of TRUMP to exchanges.
TRUMP is locked up by 80%, with 10% for liquidity and 10% for “public distribution”.
100 million TRUMP were sent to TRUMP liquidity providers, which increased liquidity on Meteora, and another 10% were distributed to 3 wallets.
Of these wallets, three have added liquidity on Meteora. TRUMP Liquidity Provider, TRUMP Team Wallet 1, and TRUMP Team Wallet 2. Of note:
TRUMP liquidity providers added 100 million TRUMP;
TRUMP team wallet 1 added 52.6 million TRUMP (0 USDC removed);
TRUMP team wallet 2 added 2 million TRUMP (19.9 million USDC removed);
TRUMP Team Wallet 2 sends proceeds to a new wallet (starting with GRvmQx), which currently holds $591 million in TRUMP and $16 million in USDC.
The pool currently contains $130 million in TRUMP and $373 million in USDC, with the USDC provided by traders who purchased TRUMP from the pool.
Most of the liquidity belongs to the TRUMP team wallet 1 because it added liquidity at a higher price than the initial TRUMP liquidity providers.
TRUMP liquidity providers added 100 million TRUMP; currently has $47 million in USDC liquidity (+ $10 million in fees);
TRUMP team wallet 1 added 56.6 million TRUMPs; currently has $330 million in USDC+TRUMP liquidity (+$30 million in fees);
TRUMP Team Wallet 2 added 2 million TRUMP; currently has $28 million in USDC+TRUMP liquidity (+$1.2 million in fees).
The Trump team also sent $93 million worth of TRUMP to exchanges including Bybit and Kucoin, which occurred in Trump Team Wallet 1 and Trump Team Wallet 2. They waited 7 hours after Trump’s post before starting to send tokens to the exchanges.
If all tokens sent to exchanges were sold immediately, the Trump team would have received about $100 million from it. About $370 million of USDC remains in the liquidity pool, which is mainly owned by the Trump team wallet 1.
