Melania project sells 76.13 million MELANIA tokens worth over $35 million within three months

Odaily Planet Daily reported that according to the monitoring of Ashes, the Melania project has transferred a total of 76.132 million MELANIA tokens from the community and liquidity addresses in the past three months. By adding unilateral liquidity and selling in the form of DCA, 244000 SOLs worth approximately $35.218 million were exchanged, with an average selling price of approximately $0.46. The project team will subsequently sell SOL in exchange for USDC or transfer it to a centralized exchange. During this period, the price of MELANIA dropped from 0.7 US dollars to 0.25 US dollars.