TRUMP’s August rally: launch wallets, liquidity and fees

$TRUMP pumped 125%.

I checked whether the same wallets that extracted hundreds of millions at launch returned to buy and sell during the rally....

......Or whether people here are seriously buying the very token that marked the beginning of the end all over again.

➡️ The 3 original liquidity wallets were:

8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb

2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv

7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE

These scammer/ Trump Team wallets received enormous quantities of TRUMP before or immediately after the public launch, supplied liquidity and ultimately withdrew approximately $313+ million USDC.

I checked their current activity.

None of these 3 wallets traded during the August 20 to August 22 rally window, and none currently holds an open TRUMP position on Meteora.

The first 2 have shown no transaction activity since October 2025. The third was last active in July 2026.

➡️ The creator wallet:

5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7

This wallet remains deeply embedded in the dominant TRUMP liquidity pool.

A liquidity pool is the on-chain market-making vault that traders buy from and sell into.

Whoever provides that liquidity can earn fees and can also convert TRUMP into USDC, or USDC back into TRUMP, as the price moves through predefined ranges.

I found 12 open creator-owned positions in the dominant Meteora pool.

Their marked value was approximately $41.60 million, with $883,869.60 in unclaimed fees. The same creator wallet had already made 62 historical fee claims worth approximately $29.14 million.

One creator-owned position covered the price range from $2.79388626 to $3.92193978.

The rally moved directly through that range when TRUMP reached $3.699.

That means this creator position participated in the market while the price was pumping.

As traders bought TRUMP through that range, the liquidity position could automatically convert TRUMP inventory into USDC while collecting fees. When the price moved back down through the range, the same mechanism could convert USDC back into TRUMP.

The wallet does not need to place an obvious manual market sell for this to happen. Meteora’s liquidity system performs the conversion automatically as traders move the price across the position.

That is economically similar to selling into strength and buying back into weakness, but it is still liquidity provision. It does not prove wash trading or artificial volume by itself. The currently unclaimed fees also accumulated over more than this single rally, so they cannot all be attributed to these 30 hours.

The market itself was extremely concentrated.

I checked all 30 indexed TRUMP pools. The 2 launch-era Meteora pools controlled 94.46% of the total indexed liquidity and processed 87.83% of the indexed 24-hour DEX volume.

Those 2 pools generated approximately $345,585 in fees during the snapshot period.

➡️ In other words, almost the entire meaningful market continued to run through the same small liquidity structure in which the creator wallet remained heavily positioned.

➡️ The token distribution.

Several hours after the pump, 1,220,200.000065 TRUMP left:

5RnkNfPQLskTnwZEkVMd4mV5oc723ZXgbaDvXUbKSiAX

It moved through:

7BBGxEuAmWBVFdCkX9kpf9AK6m2osR8Vip5GYMmSFgKQ

and reached:

3Fy5oFavnWzTZ8YRBhZkyT3ioKtBSDVVxFkbSPefJHyF

That third wallet matters because it previously handled tokens originating from the official TRUMP allocation.

In May, 4,915,232.876712 TRUMP moved from the official allocation wallet:

2RH6rUTPBJ9rUDPpuV9b8z1YL56k1tYU6Uk5ZoaEFFSK

through:

3S7zwPM8AytWyHJ7zhS8H1mixQPD6nTu6yXEK4HCEd9D

then:

FxsEZTWWzB1SJY4TP5uE2iXdbUsrzFSUtmNMbUcU3j5f

and finally into the same aggregator:

3Fy5oFavnWzTZ8YRBhZkyT3ioKtBSDVVxFkbSPefJHyF

During the latest movement, that aggregator combined the incoming tokens with approximately 211,298 TRUMP already inside the wallet and forwarded 1,431,503.551483 TRUMP to:

GhvHQsiVr8zwY1ot7Scd65yDjLjsrmdHsmCNKv2S8xE1

From there, 1,431,501.264438 TRUMP moved to:

CjZZh4eMsoNuv5xcWT279K6S3tZVfGY9eVmQqJxrvXUH

Only 11 seconds later, the full amount was forwarded to:

64CuV85HHCydAwxQMoXwZ9HXoyw5qE65NkiJxCtuFErF

At $2.46 per TRUMP, that final transfer was worth approximately $3.52 million.

The final route was not new.

On July 26, 4,139,999 TRUMP had already moved from

GhvHQsiVr8zwY1ot7Scd65yDjLjsrmdHsmCNKv2S8xE1 to

CjZZh4eMsoNuv5xcWT279K6S3tZVfGY9eVmQqJxrvXUH.

Only 15 seconds later, 4,140,000 TRUMP was sent to the same final wallet,

64CuV85HHCydAwxQMoXwZ9HXoyw5qE65NkiJxCtuFErF.

The exact distribution endpoint used for 4.14 million TRUMP in July was therefore reused for another 1.43 million TRUMP after the August pump.

➡️ The evidence gives us a clear answer.

The exact 3 wallets responsible for the original launch extraction did not return to trade during this rally.

The creator wallet did remain active through concentrated liquidity positions, including a position directly inside the pump’s price range.

That position could automatically sell TRUMP into buyers, buy it back during the reversal and collect fees from both directions.

At the same time, a distribution wallet previously connected to official allocation flows reappeared.

It routed approximately $3.52 million in TRUMP through the same final wallet sequence used for a much larger distribution in July.

I have not found sufficient evidence to claim that these wallets created fake volume, traded against themselves or deliberately manufactured the 125% move.

Anyone making that claim without counterparty-level swap evidence is guessing.

What the chain does prove is already ugly: the original launch extracted approximately $313 million USDC, the creator remains positioned inside the pools processing almost the entire market, the rally crossed a creator-owned liquidity range, and millions of TRUMP were distributed through a previously used team-linked route after retail had been dragged back into the trade.

Every wallet, pool, position, token account, timestamp and transaction signature is documented in the attached evidence table.

Remember that this token, alongside $MELANIA and $LIBRA, bled the trenches dry. Most traders ended up underwater while insiders cashed out millions.

Use your brains and stop falling for the same extraction game.

The midterms are approaching, and the same machinery will be used again to manufacture political hype and harvest votes from the same gullible crowd.

I couldn’t let this go @ solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN !

See my previous post. I can smell an extraction setup from a mile away, and the fact that the 3 obvious launch wallets stayed quiet bothered me more than it reassured me.

So I stopped staring at the addresses everyone already knew and followed the inventory downstream.

➡️ The original extraction wallets were:

8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb

2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv

and

7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE

They executed 0 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN trades between August 20 and 22.

➡️ The creator address,

5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7

also signed none of the rally transactions. That ruled out the most obvious form of direct reuse. It did not explain where the team-linked inventory was going.

The deeper trace uncovered 2 separate team connections converging inside the same post-pump route.

➡️ On May 15, the official Trump team wallet

4UdA1ZEEroMEUs3WbQnCdAyeydctVKxBX1CrcwQy7zzE

transferred 4,270,201 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN to

5RnkNfPQLskTnwZEkVMd4mV5oc723ZXgbaDvXUbKSiAX

A separate official-allocation path began at

2RH6rUTPBJ9rUDPpuV9b8z1YL56k1tYU6Uk5ZoaEFFSK

continued through

3S7zwPM8AytWyHJ7zhS8H1mixQPD6nTu6yXEK4HCEd9D

and

FxsEZTWWzB1SJY4TP5uE2iXdbUsrzFSUtmNMbUcU3j5f

before reaching

3Fy5oFavnWzTZ8YRBhZkyT3ioKtBSDVVxFkbSPefJHyF

That matters because the team-funded source wallet and the official-allocation aggregator later appeared inside the same August 22 transfer chain.

After sending 1.55 million solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN in June and another 1.50 million in July,

5RnkNfPQLskTnwZEkVMd4mV5oc723ZXgbaDvXUbKSiAX

retained exactly 1,220,205.000065 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN.

At 15:56:31 UTC, it sent a 5 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN test to

7BBGxEuAmWBVFdCkX9kpf9AK6m2osR8Vip5GYMmSFgKQ

At 16:07:56, it sent the remaining 1,220,200.000065 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN. The test and full transfer emptied the exact remaining balance.

At 16:31:29,

7BBGxEuAmWBVFdCkX9kpf9AK6m2osR8Vip5GYMmSFgKQ

forwarded the complete 1,220,205.000065 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN to the team-linked aggregator

3Fy5oFavnWzTZ8YRBhZkyT3ioKtBSDVVxFkbSPefJHyF

That wallet already held 212,023.909697 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN, bringing its balance to 1,432,228.909762.

At 16:44:30, it performed another 10 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN test, this time to

GhvHQsiVr8zwY1ot7Scd65yDjLjsrmdHsmCNKv2S8xE1

At 17:07:53, it followed with 1,431,503.551483 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN.

At 17:17:27,

GhvHQsiVr8zwY1ot7Scd65yDjLjsrmdHsmCNKv2S8xE1

forwarded 1,431,501.264438 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN to

CjZZh4eMsoNuv5xcWT279K6S3tZVfGY9eVmQqJxrvXUH

Only 11 seconds later,

CjZZh4eMsoNuv5xcWT279K6S3tZVfGY9eVmQqJxrvXUH

transferred the exact same 1,431,501.264438 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN to

64CuV85HHCydAwxQMoXwZ9HXoyw5qE65NkiJxCtuFErF

🚨 This address has been identified by third-party blockchain intelligence as an OKX hot wallet!

The deposit was worth approximately $3.71 million at the transfer price.

Well, well, well....

🚨 On July 26, the exact same final route had already been used:

GhvHQsiVr8zwY1ot7Scd65yDjLjsrmdHsmCNKv2S8xE1

to

CjZZh4eMsoNuv5xcWT279K6S3tZVfGY9eVmQqJxrvXUH

to

64CuV85HHCydAwxQMoXwZ9HXoyw5qE65NkiJxCtuFErF

That earlier sequence moved 4,140,000 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN to the same endpoint in 15 seconds.

On August 22, the same sequence moved another 1,431,501.264438 solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN in 11 seconds, within roughly 16 hours of the rally peak.

Preparing to sell?

Already selling?

On-chain evidence ends when the tokens enter the exchange-labelled address.

The full wallet graph, transaction timeline and liquidity mechanism are documented below.

Follow the money before volunteering to become the next round of exit liquidity.

............

Respect the work behind these findings. If you want to support my investigations and help me remain independent, you can donate through my Linktree (See Bio)