BlockBeats News, June 19th, according to on-chain analyst Yu Jin's monitoring, the Trump-themed Meme project "Melania" has continued to sell 34.457 million MELANIA tokens through unilateral liquidity provisioning over the past month and a half, equivalent to approximately $12.15 million.
Since March 16th, within a 3-month period, the team behind the Melania project has cumulatively transferred 76.132 million MELANIA tokens from the Community and Liquidity addresses.
They then converted these tokens by adding unilateral liquidity and via DCA (Dollar-Cost Averaging) sales into 244,000 SOL, valued at $35.218 million, with an average sale price around $0.46 per token. Subsequently, they have been selling the SOL gradually to convert it into USDC or transferring it to CEX platforms.