PANews reported on February 25 that according to Ember Monitoring, a MELANIA giant whale address sold 13.975 million MELANIA in a cut of meat on the chain. It was replaced by 14.316 million USDC, directly smashing the price of MELANIA by 14.5% (from 1.17 USD to 1. Dollar).
The whale purchased or formed unilateral liquidity through DEX a month ago, spending a total of USDC 28.93 million to stockpile the 13.975 million MELANIAs at an average cost of US$2.07.
All sales were sold 4 hours ago for USD 14.316 million, with a loss of up to USD 14.61 million (-50%). Just cut it in half.