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A whale address splurged $22 million yesterday to buy MELANIA, currently sitting on a $10.6 million unrealized loss.

BlockBeats News, January 21st, according to GMGN data, a whale address with the bot username A3ZcnX…wjm6Sg spent $22 million yesterday to buy 2.1 million MELANIA tokens at an average price of $10.5. They also placed a partial stop-loss order at an average price of $7.54, triggering at a 25% loss, currently experiencing a unrealized loss of over $10.6 million (-65.04%), becoming the address with the largest unrealized loss in MELANIA.

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The creators of MELANIA/LIBRA not only profited from token issuance but also engaged in insider trading, earning over $100 million solely through the LIBRA project.
1. On-chain Fund Flow: $75.4m Flows into Solana, $69.4m Flows out of Ethereum 2. Largest Gainers and Losers: $MELANIA $TRUMP 3. Top News: Polymarket Expects a 58% Probability Trump Will Create a Bitcoin Reserve Within 100 Days of Taking Office
On-chain Detective ZachXBT indicated that this trader is actually a notorious cybercriminal who loves high-stakes gambling.
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