MELANIA project team continues to sell tokens through a liquidity event: another 4 million tokens have been transferred out, worth $520,000, and added as single-sided liquidity

BlockBeats News, April 16th, according to on-chain analyst Yu Jing's monitoring, the MELANIA project team's sell-off through the formation of LP (Liquidity Pool) is still ongoing: the community allocation address moved another 4 million MELANIA tokens ($1.72 million) to a new address 2 hours ago, and then added 1.2 million MELANIA tokens ($520,000) as single-side liquidity on Meteora.

These MELANIA tokens added to the liquidity pool will be traded for SOL within a set range.