The MELANIA community allocation address continued to transfer 4 million tokens to a new address 2 hours ago, worth $1.72 million
According to on-chain analyst Yu Jing's monitoring, the MELANIA project team continues to sell through liquidity pooling: 4 million MELANIA ($1.72 million) were transferred from the community allocation address to a new address two hours ago, and then 1.2 million MELANIA ($0.52M) were added as unilateral liquidity in Meteora. These MELANIA added to the liquidity pool will be swapped for SOL within a set range.
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