April 29, 2025

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12:00 am

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(Updated:

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MELANIA Team Moving $1M MELANIA

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    Melania Meme entity on Arkham
    Melania Meme entity on Arkham

    The team behind the MELANIA memecoin launch has been moving funds again, this time removing 2.54M MELANIA tokens, worth $1.06M from their official Meteora liquidity pool. The funds were quickly sent to a new address, 5tx6a.

    Removal of 2.54M MELANIA tokens from the Meteora liquidity pool
    Removal of 2.54M MELANIA tokens from the Meteora liquidity pool

    Historically, such transfers led to the sale of the MELANIA tokens via Jupiter’s DCA product, before the proceeds were sent to the MEXC exchange. However, this time, the tokens were repeatedly redeposited and withdrawn from the Meteora liquidity pool, resulting in the sale of approximately 500K MELANIA tokens for $215K worth in SOL tokens. Currently, 2.03M MELANIA tokens remain in the liquidity pool.

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