{"id":15065,"date":"2025-02-26T10:31:35","date_gmt":"2025-02-26T10:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15065"},"modified":"2025-02-26T10:31:35","modified_gmt":"2025-02-26T10:31:35","slug":"whales-dump-melania-memecoin-at-heavy-losses-as-market-meltdown-wipes-out-12-billion-in-investor-wealth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15065","title":{"rendered":"Whales Dump Melania Memecoin At Heavy Losses As Market Meltdown Wipes Out $12 Billion In Investor Wealth"},"content":{"rendered":"<div>\n<p>Large investors were dumping <strong>Official Melania <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">MELANIA<\/a>) at massive losses, as the meme coin launched by First Lady <strong>Melania Trump <\/strong>traded 93% below its all-time high.<\/p>\n<p><strong>What happened:<\/strong> Two notable loss-making whale transactions were discovered by on-chain data tracking firm <strong>Lookonchain<\/strong> on Tuesday<\/p>\n<p>One of the investors purchased 13.97 million MELANIA tokens for 30 million USD Coin (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDC<\/a>) a month ago, only to sell the stash for 14.32 million USDC on Monday, experiencing a loss of $15.68 million.<\/p>\n<p>The other whale bagged 6.69 million MELANIAs for 10 million USDC more than three weeks ago and sold them for 6.27 million USDC over the past two days, losing $3.73 million.\u00a0<\/p>\n<p>The sell-offs by whales, known for being large hoarders &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43967106\/whales-dump-melania-memecoin-at-heavy-losses-as-market-meltdown-wipes-out-12-billion-in-in\" alt=\"Whales\" dump melania memecoin at heavy losses as market meltdown wipes out billion in investor wealth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Large investors were dumping Official Melania (CRYPTO: MELANIA) at massive losses, as the meme coin launched by First Lady Melania Trump traded 93% below its all-time high. What happened: Two notable loss-making whale transactions were discovered by on-chain data tracking firm Lookonchain on Tuesday One of the investors purchased 13.97 million MELANIA tokens for 30 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15065","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15065"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15065\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}