Trump Meme Team Moves $26.65M in SOL Ahead of Token Unlock

Another Big Move From a Familiar Wallet

Onchain sleuths flagged the latest transfer, noting that the Official Trump Meme Team wallet sent out another 11.01 million SOL, worth roughly $26.65 million, a few hours ago. It’s the kind of alert that’s become routine when watching this particular wallet, which has offloaded well over $150 million worth of TRUMP-linked tokens onto exchanges since April.

The pattern has been consistent:

• In June, the team moved $32.8 million worth of tokens to Binance in a single transaction.
• In August, wallets tied to the project pulled $3.39 million in USDC out of TRUMP liquidity pools over roughly 10 hours by repeatedly adding and removing single-sided liquidity positions rather than executing conventional market sells

Bitcoin.com News covered these maneuvers in detail when the team netted $3.39 million from TRUMP token sales in one stretch. Weeks before that, a separate wallet linked to the project moved $17 million in TRUMP to Bitgo custody, reviving questions about how actively the team manages its remaining allocation.

Timing matters

A vesting release of 28.7 million TRUMP tokens, about 2.9% of total supply, is scheduled for September 18, one of 34 planned unlocks running through December 2027 under the project’s original tokenomics, designed to gradually release roughly 80% of total supply that was never made available at launch.

Large unlocks tend to pressure token prices as new supply hits the market, and teams sitting on sizable allocations often move ahead of that pressure rather than into it. In any case, it’s a sharp contrast to how bitcoin’s price has behaved this year because while bitcoin closed out its best August in nearly a decade, TRUMP has gone the other direction, with the token trading around $2.41 today, down roughly 97% from the $73.43 peak it hit in the days after its January 2025 launch.

Such price action for meme coins, particularly those built around political branding, is not uncommon, especially since they tend to front-load gains in the initial hype window (a script TRUMP has followed closely). To elaborate, its launch was marred from the start by not only conflicts-of-interest questions but also scrutiny from senators including Elizabeth Warren, Adam Schiff, and Richard Blumenthal.

Token Transfers May Not Be Done

The TRUMP team has already demonstrated a willingness to extract value through several different mechanisms, such as:

• Direct exchange transfers
• Custody shifts to Bitgo
• Liquidity-pool maneuvers that produce the same economic result as a sale without technically registering as one.

And, now with the September 18 unlock less than three weeks out, backers can expect more of these onchain alerts before the new tokens even hit circulating supply. Furthermore, it will be interesting to see whether the September unlock triggers another leg down or gets absorbed without much drama will say a lot about how much demand is actually left in the TRUMP trade heading into its second year.