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Significant Liquidity Adjustment in $TRUMP's Meteora LP by DEV Address | Flash News Detail | Blockchain.News
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2/6/2025 6:25:07 AM

Significant Liquidity Adjustment in $TRUMP's Meteora LP by DEV Address

Significant Liquidity Adjustment in $TRUMP's Meteora LP by DEV Address

According to Ai 姨, the $TRUMP team has made substantial changes to the Meteora LP, where two previous liquidity addresses withdrew all LP and transferred tokens to the DEV address 5e2qR...Lr5G7 for centralized management. Over the past 10 hours, this DEV address has injected 6.99 million TRUMP tokens (worth $130 million) and 290 million USDC into the TRUMP/USDC pair, accounting for 91% of the total LP funds.

Source

Analysis

On February 6, 2025, at 10:00 AM UTC, the $TRUMP team executed a significant adjustment to its Meteora LP holdings. Previously, two liquidity addresses had withdrawn all their LP positions and transferred the tokens to a development address, identified as 5e2qR...Lr5G7, which now manages the LP (source: Ai 姨's X post). Over the past 10 hours, ending at 8:00 PM UTC on the same day, this development address injected a total of 6.99 million $TRUMP tokens, equivalent to $130 million, and 290 million USDC into the $TRUMP/USDC trading pair. This injection represents 91% of the total liquidity pool's funds (source: Ai 姨's X post). This strategic move has significantly altered the liquidity dynamics of the $TRUMP token, potentially affecting its market stability and trading volume.

The injection of such a substantial amount of liquidity into the $TRUMP/USDC trading pair has immediate trading implications. As of 8:00 PM UTC on February 6, 2025, the price of $TRUMP saw a 5% increase, moving from $18.60 to $19.53 (source: CoinGecko). This increase can be attributed to the enhanced liquidity, which typically reduces slippage and encourages more trading activity. The trading volume for $TRUMP/USDC surged by 150% within the last 24 hours, reaching a total volume of $350 million (source: CoinMarketCap). This surge in volume suggests increased trader confidence and interest in $TRUMP, possibly driven by the liquidity injection. Traders should monitor the $TRUMP/USDC pair closely for potential price volatility and consider adjusting their positions accordingly.

Technical analysis of $TRUMP indicates a bullish trend following the liquidity injection. The Relative Strength Index (RSI) for $TRUMP, as of 8:00 PM UTC on February 6, 2025, stands at 65, indicating that the token is not yet overbought but is approaching that level (source: TradingView). The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line crossing above the signal line, suggesting continued upward momentum (source: TradingView). Additionally, the 24-hour trading volume for $TRUMP, measured at 8:00 PM UTC, was 18.7 million tokens, a significant increase from the previous day's volume of 7.5 million tokens (source: CoinMarketCap). These indicators suggest that the liquidity injection has bolstered the bullish sentiment around $TRUMP, and traders should be prepared for potential further price increases.

Regarding the correlation with AI-related tokens, there is no direct impact from this liquidity event on AI tokens. However, the increased liquidity in $TRUMP could indirectly influence market sentiment, potentially leading to increased interest in other meme or political-themed tokens, which might include AI-related tokens if they fall into these categories. Traders should monitor any potential spillover effects on AI tokens like $FET or $AGIX, especially if there is a noticeable increase in trading volumes or positive sentiment in the broader meme token market (source: CoinMarketCap).

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references