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⢠The āMelania memeā token team sold 82.18āÆmillion $MELANIA (about 8.22āÆ% of the total supply).
⢠These sales occurred over the past 4 months, executed across 44 wallets, yielding a total of 244,934
$SOL (roughly $35.76āÆmillion). ļæ¼
⢠Notably, most of these tokens were offloaded via liquidity operationsāi.e., by adding and removing liquidityārather than direct market dumps.
š” What this implies
1. Strategic Cash-Out Approach
Selling via liquidity pools often reduces immediate market impact and smooths price effects compared to straight up dumps.
2. Market Sentiment Signal
A decently large team sell-off (~8% of supply) could weigh on investor confidence and potentially pressure the token price.
3. Ecosystem Transparency
The activity being clearly on-chain suggests high transparencyāmonitoring future liquidity moves could offer further insights into intent.
š Next Steps for Analysis
⢠Price Impact: Are these sell-offs coinciding with drops in $MELANIAās token price? On-chain explorers can help track correlations.
⢠Wallet Patterns: Any of the 44 wallets showing consistent sell behavior? Could suggest insiders.
⢠Liquidity Reserve Status: Is the liquidity pool being drained or topped up regularly? That hints at long-term sustainability or impending sell pressure.
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