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Melania Project Team Sells 76.13 Million MELANIA Tokens in Three Months, Worth Over $35 Million

Summary: According to reports, the Melania project team has transferred a total of 76.13 million MELANIA tokens from community and liquidity addresses in the past three months. By adding single-sided liquidity and selling in DCA form, they exchanged for 244,000 SOL tokens, worth approximately $35.218 million, with an average selling price of around $0.46. The project ...

According to reports, the Melania project team has transferred a total of 76.13 million MELANIA tokens from community and liquidity addresses in the past three months. By adding single-sided liquidity and selling in DCA form, they exchanged for 244,000 SOL tokens, worth approximately $35.218 million, with an average selling price of around $0.46. The project team then gradually sold SOL for USDC or transferred it to centralized exchanges. During this period, the price of MELANIA dropped from $0.7 to $0.25.

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Link: Melania Project Team Sells 76.13 Million MELANIA Tokens in Three Months, Worth Over $35 Million   [Copy]
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