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Cryptocurrency News Articles
MELANIA token moves $1.87 million from insider wallet to a new address
Mar 20, 2025 at 09:14 am
Blockchain monitoring firm Arkham Intelligence has reported a new MELANIA token movement worth $1.87 million on March 19, 2025.
Blockchain monitoring firm Arkham Intelligence has reported a new MELANIA token movement of $1.87 million on March 19, 2025. The tokens were transferred from a wallet previously identified as an insider wallet to a newly created address.
This movement marks the latest in a series of transfers from project-affiliated wallets. Such wallets have come under the microscope of crypto analysts amid growing scrutiny of politically-linked meme coins.
Melania Transfer Details and Background
A wallet that previously received 50 million MELANIA tokens (5% of the total supply) from the MELANIA Team has transferred $1.87 million worth of tokens to a fresh wallet.
ARKHAM ALERT: MELANIA INSIDER WALLETS DISTRIBUTING $MELANIAA wallet that received 50M MELANIA (5% of supply) from the MELANIA Team has just sent $1.87M MELANIA to a fresh wallet.
Prior distributions from this address were deposited to Kraken and sold on Meteora.
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