According to data from Arkham, the wallet belonging to the MELANIA memecoin development team continues to sell tokens through liquidity pool mechanisms. Specifically, the community allocation wallet transferred 4 million MELANIA tokens — worth approximately $1.72 million — to a new address about two hours ago.

Shortly after, the team added 1.2 million MELANIA tokens (around $520,000) into a unilateral liquidity pool on the Meteora platform. These tokens are set to be automatically swapped for SOL over a predetermined period.

This move suggests that the MELANIA team is quietly distributing and selling tokens, which may impact the token’s price and raise concerns among investors regarding the project's transparency and liquidity strategy.