New Wallet Transfer Echoes Past Jupiter DCA Sales, Hints at Profit-Taking Pattern.
The team behind the MELANIA memecoin, linked to U.S. First Lady Melania Trump, has transferred $1 million worth of tokens from a Meteora liquidity pool to a new wallet, according to blockchain monitoring firm Arkham Intelligence. The move, reported on April 29, 2025, mirrors previous patterns where the MELANIA team liquidated holdings via Jupiter’s Dollar-Cost Averaging (DCA) feature, converting proceeds into Solana (SOL) and depositing them on the MEXC exchange. This latest transaction has reignited discussion, with some in the crypto community speculating it could be profit-taking.
Arkham’s alert, posted on X on April 29, noted: “The MELANIA Team just removed $1M of MELANIA from Meteora liquidity pools and sent it to a new wallet. Previously, when they have done this, they have sold MELANIA via Jupiter DCA, then deposited the SOL to MEXC.” This isn’t an isolated incident. Data from Lookonchain shows that the team sold over 3.19 million MELANIA tokens between April 26-28 for approximately $1.57 million in SOL through a mix of DCA sales and liquidity pool maneuvers. The latest $1 million transfer, executed just hours ago, suggests the team may be preparing to extend this strategy.
The team’s reliance on Jupiter DCA has been a key tactic in these sales. DCA allows the team to offload large token holdings gradually over time, spreading transactions to avoid catastrophic price slippage that could crash the market and alert the community prematurely.
This isn’t the first time the MELANIA team has sold off tokens. According to a report by unchain analyst EmberCN on April 20, 2025, the MELANIA team offloaded over $14.75 million worth of tokens last month through centralized exchanges and liquidity pools on decentralized platforms.
This transfer occurs amid broader scrutiny of Trump-linked crypto projects. Trump Media’s $TRUMP memecoin and World Liberty Financial (WLFI) have drawn similar profit-taking critiques, with WLFI’s $550 million raise criticized for funneling 75% of revenues to Trump affiliates. Adding to the spotlight, U.S. Senator Jon Ossoff recently called for Trump’s impeachment over a “Trump Dinner” event tied to $TRUMP token sales, which drove $2.4 billion in on-chain transfers. Ossoff argued that offering exclusive access to top holders constitutes “impeachable conduct,” intensifying regulatory concerns as the team moved $1.346 million in $TRUMP to centralized exchanges.
Market reactions have been swift. As of press time on April 30, MELANIA’s price hovered at $0.3989, down 8.9% over the past 24 hours, with a market cap of $157.95 million, according to CoinGecko. The token has lost approximately 94.63% of its value since peaking at $7.43 in January 2025, a decline worsened by consistent team sell-offs.
With team’s sustained offload, the community is increasingly drawing parallels between MELANIA and LIBRA, another collapsed celebrity memecoin. The MELANIA team’s sell-offs sign that the era of political memecoins may be waning, leaving behind tokens with little real utility and looming regulatory risks.