TL;DR
- The staff behind the second meme coin linked to the First Household has additionally been disposing of a big portion of the token up to now a number of months.
- In response to on-chain information shared by Lookonchain, they’ve already bought greater than 8% of the entire MELANIA provide.
The #Melania meme staff bought 82.18M $MELANIA(8.22% of whole provide) over the previous 4 months throughout 44 wallets, cashing out 244,934 $SOL($35.76M).
Many of the $MELANIA tokens had been bought via including and eradicating liquidity.https://t.co/EJYWtbB5aE pic.twitter.com/gtmRdkNq1y
— Lookonchain (@lookonchain) June 25, 2025
The publish signifies that the staff has cashed out over $35 million in MELANIA over the previous 4 months from 44 wallets associated to them.
Inside this timeframe, the meme coin associated to the FLOTUS skilled an enormous worth dump. It peaked at $8.5 hours after its launch however rapidly began to lose worth.
Prior to now 24 hours, the asset has plunged to $0.2, which represents a 98.4% worth dump inside simply a number of months.
Thus, the MELANIA staff has adopted the instance set by these working the TRUMP token. CryptoPotato reported quite a few occasions up to now that wallets linked to the POTUS meme coin had disposed of huge parts of the token.
The latest instance was fairly controversial because it got here simply hours earlier than the US launched a missile assault towards Iran, after which the complete crypto market turned purple, together with the TRUMP meme coin.
The publish Not Simply TRUMP: MELANIA-Linked Wallets Offload Giant Holdings Amid 98.4% Worth Dump appeared first on CryptoPotato.