Data: MELANIA project owner sold another 2.95 million MELANIA tokens in the past 7 hours

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According to ChainCatcher, blockchain analyst Ember (@EmberCN) monitored that the MELANIA project team continues to sell tokens by adding unilateral liquidity. In the past 7 hours, the project team exchanged 2.95 million MELANIA tokens for 9,009 SOL (approximately $1.2 million) through the Meteora platform.

Over the past month, the project team has sold a total of 23.45 million MELANIA tokens, obtaining 110,000 SOL (approximately $14.75 million). In the past three days, the project team transferred 7.643 million MELANIA tokens (approximately $3.21 million) from liquidity pools and community addresses, and sold them through the MELANIA/SOL trading pair on the Meteora platform.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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