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A MELANIA giant whale clearance, a loss of up to 14.61 million dollars

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2025-02-25 03:39:50
On February 25th, according to EmberCN monitoring, 4 hours ago, a MELANIA giant whale address sold 13.975 million MELANIA on the chain, which was exchanged for 14.316 million USDC, causing the price of MELANIA to fall by 14.5% (from $1.17 to $1). The whale spent 28.93 million USDC to hoard 13.975 million MELANIA through DEX direct purchase or unilateral liquidity a month ago, with an average cost of $2.07. Its loss was as high as $14.61 million (-50%), and its position was halved.
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