TRUMP developers remove $4.6m from liquidity pool, raising rug pull concerns

The team behind the Trump and the same Sparks, the concerns of merchants, after having withdrawn $ 4.6 million from their liquidity pool before a drop -down of $ 320 million.

In a recent jobLookonchain cat data analysis revealed that presidential developers same corner previously extracted a large part of USD parts (USDC) Its liquidity pool, worth $ 4.6 million. The USDC battery is later punctuated to Ethereum (Ethn) before they are deposited in Jamming Prime.

Coinbase Prime is a brokerage platform that is mainly used for institutional investors. It offers institutional merchants a variety of chain services, including trade, financing and police custody digital assets.

Many traders in the commentary section responded to this news by speculating that a large sale could be on the way while the team seems to withdraw the liquidity of the token. Although it does not indicate a full outing, traders began to raise concerns about potential Carpet.

“When the developer moves like that, it is generally one of the two things .. to go out or reposition. Anyway, his eyes on the next movement,” said a trader.

“Trump and move,” said another trader.

Meanwhile, another user reacted to the move by publishing a meme of a carpet seller with the text “I did not choose the life of a carpet, the life of the carpet chose me.”

At the time of the press, the Trump official (ASSET) The meter part is down 2.72% in the last 24 hours. It is currently negotiated at $ 7.87, which is almost 90% lower than the price of all the same corner time at $ 73.43. However, compared to its historic hollow of $ 4.29, it is still 83% higher.

Last week, the token increased by more than 6%. The Solana (GROUNDThe market -based market capitalization) amounts to $ 1.5 billion, with a daily negotiation volume of $ 350 million.

The recent withdrawal of $ 4.6 million in liquidity occurs one day before unlocking 40 million tokens or 20% of the supply in circulation, which is estimated at around $ 320 million. These tokens, detained by affiliates of the Trump organization, should start to unlock on April 17 and will continue daily in the next two years.