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The Melania team removed $5.7 million worth of unilateral Liquidity.
According to the Gate.io News bot, data from Solscan shows that the Melania team address 3XKsce…pt6uKu removed 10 million MELANIA single-sided Liquidity on the Meteora platform at 11:31 UTC+8, currently valued at approximately 5.7 million USD.
The team Address previously added 20 million MELANIA on Meteora two months ago, setting a unilateral Liquidity sell above $5.9. Currently, the price of MELANIA has fallen over 90% from the set unilateral price.
Source: Wu Says