List of Flash News about crypto liquidity impact
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2025-06-19 02:01 |
Melania Meme Coin Project Sells $12.15M in MELANIA Tokens: Major Impact on Crypto Liquidity and Trader Strategies
According to @blofinexchange on Twitter, the Melania meme coin project, associated with former President Trump's wife, has sold 34.457 million MELANIA tokens for $12.15 million over the past six weeks by providing single-sided liquidity. Since March 16, the team has consistently extracted liquidity from both the community and pools, raising concerns over sustained sell pressure and its impact on MELANIA price action and crypto market sentiment. Traders should closely monitor on-chain data for further large sales, as continued team-driven liquidity withdrawals could increase volatility and present short-term trading opportunities. (Source: @blofinexchange) |