There are two of these in my liked images page, and when I click on the image, it takes me to a random one.

it's a random meme link, it throws you to a random meme like the D button, it might be a way of exposing lost memes

Well then what is the meme itself?

it seems to be from a michael phelps meme

Do you happen to know which one? It looks like a gif of some sort.

http://i.imgur.com/sE5ur.gif

Thanks. But why would the moderators choose that one as opposed to any other one?

my best guess is the mods are trolls

Oh you...

That excact image showed up for me!!!

IKR! I look at my Liked list and is filled with crap. At first place a blond with sunglasses and then this!

I noticed this too and asked it a while ago. I've also noticed that clicking on it brings you to an actual meme, and the meme you're directed to changes after a while.