NYC Token Deployer Profits Around $1 Million by Adding One-Sided Liquidity

BlockBeats News, January 13th, according to Bubblemaps analysis, former New York City Mayor Eric Adams launched the NYC token. Wallet 9Ty4M, associated with the token deployer, created a one-sided liquidity pool on the Meteora platform, withdrew approximately $2.5 million USDC at the price peak, and reinvested only about $1.5 million after a 60% token value drop, netting about $1 million in profit.