๐ ๐๐๐๐ก๐๐ ๐ง๐ฒ๐ฎ๐บ ๐๐๐บ๐ฝ๐ $๐ฏ๐ฑ๐ ๐ถ๐ป ๐ฆ๐๐๐ฅ๐๐ง, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ผ๐ป ๐๐ถ๐ด๐ต ๐๐น๐ฒ๐ฟ๐
The wallets behind the viral #MELANIA meme coin have quietly sold off a huge chunk of the supply over the past 4 months โ and traders are now watching closely.
๐ ๐ช๐ต๐ฎ๐โ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ฒ๐ฑ?
82.18 million $MELANIA tokens dumped
Thatโs 8.22% of total supply
Spread across 44 wallets
Cashed out 244,934 $SOL (~$35.76M)
๐ง ๐ฆ๐บ๐ฎ๐ฟ๐ ๐ฒ๐ ๐ถ๐ ๐๐ฎ๐ฐ๐๐ถ๐ฐ๐
Instead of selling directly on-chain, most of the exits were done by adding and removing liquidity โ a tactic that hides large sells from typical trackers and avoids slippage alarms.
Main address involved:
FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P
๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ ๐ฎ๐น๐ฒ๐ฟ๐
This kind of selling creates long-term pressure, and many believe the dump may not be over yet.
So the key question is:
๐น Are they finally done distributing?
๐น Or is this just Phase 1 of a larger plan?