The esteemed MELANIA ensembleâyes, the same merry band purportedly named after a certain First Ladyâhas enthusiastically flung $4.2 million worth of tokens at the winds of fortune in the past 25 days. You could say theyâre quite well acquainted with the phrase âsell high, cry low.â đ
Our friendly neighborhood on-chain analysts, those delightful digital detectives, have been scanning the horizon like a crow with a monocle, predicting even more community tokens will soon be whisked away from the unsuspecting massesâlike candy from a baby, but with more spreadsheets and fewer crying children.
According to the oracle of blockchain, Lookonchain, the MELANIA team has been playing a rather spirited game of hide and seek with liquidity across eight different wallets. In this month of mischief, theyâve swapped a staggering 6.72 million tokens for 34,168 SOL, pocketing a rather tidy profit of $4.2 million in total. Not bad for a dayâs work, eh? đ¤
Now, hold on to your virtual hats, because the on-chain sleuths are whispering of an even grander designâa plan, perhaps, to unload more tokens from the treasury of merriment that the projectsâ community can call their own. Up pops Bubblemaps, like an eager jack-in-the-boxâonly this one comes with spreadsheets!!âto reveal that selling off community-held tokens has become a bit of a hobby for the MELANIA brigade over recent moons.
Just last week, in an impressive display of liquid prowess, the merry team offloaded a whopping $2 million of tokens in a sale so one-sided it could have been a tennis match played by a very determined llama. đŚ Bubblemaps has audaciously claimed that this operation was conducted with the subtlety of a ninja in a tutu: lots of activity, and no one has offered a pea-sized explanation.
1/ Huge sell-offs on $MELANIA
$30M was moved from community funds â
and is now being quietly sold, with no explanation from the team đ§ľ
â Bubblemaps (@bubblemaps) April 7, 2025
As the clock strikes âpress timeâ, the official First Lady meme coin has taken a slight tumbleâdown by 0.9% in the last 24 hours and teetering close to a 10% drop over the past week. Itâs currently trading at a festive $0.51, glumly reminiscing about when it dipped below the $0.50 mark, an event that sent ripples of concern through the crypto kingdom. đ˘
Will More MELANIA Token Dances Occur? đ
Bubblemaps has confidently revealed that our intrepid team has shuttled 50 million MELANIA tokensâworth about $30 millionâfrom the comfortable couch of community funds to another wallet, likely more plush than the first. From there, it appears they were dusted off and distributed across multiple addresses, perhaps to ensure nobody can follow the breadcrumbs back to the bakery. đ
Among this motley assortment, two wallets emerged with new on-chain positions worth a hefty $6 million each. And just to keep things spicy, another wallet decided to send $3 million of crypto funds to exchanges, while a casual $500,000 was nilly-willy sold off. Because why not add a sprinkle of chaos to the mix? đ
The sudden surge of on-chain activityâfrom wallets that seem to have minds of their ownâhas got our analytics friends buzzing with excitement. They suspect the team has dastardly plans afoot to offload yet more tokens while still holding a cheeky 92% of the total supply. Imagine, a kingdom where one faction holds all the gold and still decides to hide behind a curtain of silence! đ
Bubblemaps hesitantly noted, âNo one from the MELANIA team has addressed this. Not the movements. Not the selling. If itâs the team behind it, why stay silent? If itâs Hayden Davis, why hasnât anyone stepped in?â A fair point, considering the lack of visibility could make even the most cunning of foxes raise an eyebrow in suspicion. đŚ
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2025-04-10 10:58