The MELANIA project team has sparked a wave of speculation after offloading nearly three million Melania tokens

The MELANIA project team has sparked a wave of speculation after offloading nearly three million Melania tokens in exchange for thousands of SOL.

The MELANIA project team has sparked a wave of speculation after offloading nearly three million Melania tokens (Mln) in exchange for thousands of SOL. The transaction, part of a broader liquidity strategy, has raised concerns about the token’s near-term stability.

As reported by crypto market news outlet UsefulTips, the team’s internal wallets have sold a large block of tokens into the Mln/Sol liquidity pool on Meteora, converting them into Sol. This is the second major sale in three days, part of a series of Melania token transfers from community and liquidity wallets.

The project claims the goal is to manage liquidity and stabilize price, but traders see it differently. The move has triggered a noticeable drop in token value and increased short-term volatility.

Typically, such a direct sell-off from internal project wallets sparks fear of future dumps, especially in lower-cap altcoins. However, complicating matters further is the fact that the team executed these sales through Meteora’s single-sided liquidity structure.

While this method helps avoid immediate price slippage, it still injects significant supply into the market, which could later exert downward pressure as liquidity shifts. This selling activity has already impacted multiple trading pairs, leading to price drops.

As liquidity shifts and market sentiment becomes more sensitive, traders will be closely watching for any further Melania token movements toward exchange-linked pools, which could add bearish momentum.