MELANIA Project Related Wallet Releases 10 Million Tokens in 8 Days

A massive sale of MELANIA tokens by a wallet connected to the project has raised concerns among investors.

Sales of US$4.6 Million Worth of Tokens in a Short Period of Time

In early May 2025, a wallet associated with the MELANIA meme coin project team reportedly sold nearly 10 million tokens in eight days, worth a total of around US$4.6 million.

The sales were conducted through a Dollar-Cost Averaging (DCA) strategy and unilateral liquidity provision, which allows for large liquidations without triggering significant price fluctuations.

Total Sales Reach US$23 Million Since March

Since mid-March, the same wallet has liquidated around 41.67 million MELANIA tokens, equivalent to 170,000 SOL or around US$23 million.

The majority of the proceeds from these sales were converted to USDC and withdrawn, raising speculation that the project team is gradually exiting its position in the token.

Impact on Token Price

As a result of this sales activity, the price of the MELANIA token has fallen drastically, reaching an all-time low.

In the past 30 days, the token has dropped by more than 70%, reflecting strong bearish sentiment in the market.

Investor Concerns and the Future of the Project

The large token sales by wallets associated with the project have raised concerns among investors about the transparency and long-term goals of the MELANIA meme coin.

Some have questioned whether the project is truly designed for long-term utility or is simply capitalizing on the popularity of Melania Trump’s name.