Insider Wallet Moves $1.87 Million MELANIA Meme Coin

An insider wallet holding 50 million MELANIA tokens—5% of the meme coin’s total supply—recently transferred $1.87 Million worth to a new address.

The move coincides with the end of month 2 in MELANIA’s vesting schedule. It is a critical moment for the volatile token tied to Melania Trump.

Data from Arkham reveals this transfer aligns with a planned unlock of 2.25% of the token’s 1 billion total monthly supply.

MELANIA Meme Coin Transfer: A Snapshot of Insider Activity

On March 19, 2025, the insider wallet sent approximately 2.59 million MELANIA tokens worth $1.87 Million, to a fresh address.

At MELANIA’s price of $0.7214 per token at the time, per CoinMarketCap, the calculation holds.

Source: Arkham Intelligence

This wallet previously deposited tokens to Kraken and sold them on Meteora, per Arkham’s findings.

MELANIA meme coin’s total supply stands at 999.99 million tokens. Its circulating supply was at 537.31 million as of March 19, 2025, per CoinMarketCap.

The 2.25% monthly unlock adds steady pressure to the market, but this specific transfer marks a notable insider distribution.

Vesting Schedule: A Gradual Release

MELANIA’s vesting began 30 days after its January 2025 launch, with the first unlock on February 19, 2025.

The schedule releases 2.25% of the total supply—22.5 million tokens—each month for 13 months, per the team’s vesting details.

For team tokens, 3% of the supply (30 million MELANIA) follows a similar path: 10% unlocked on Day 30 (February 19, 2025), or 3 million tokens, with the remainder vesting linearly.

This structure ensures a controlled increase in circulating supply. By March 19, 2025, Month 2’s unlock adds to the 537.31 million tokens already in circulation, potentially influencing market dynamics.

Arkham’s X post notes the wallet’s history of selling on exchanges, suggesting this transfer may follow suit.

Source: Arkham Intelligence

The Official MELANIA meme’s market cap sits at $376.77 Million, with a 24-hour trading volume of $20.75 Million as of March 21, 2025, per CoinMarketCap.

The token’s price declined 5.77% in the last 24 hours and remains far below its all-time high of $13.73 on January 20, 2025.

It recently hit a low of $0.6532 on March 16, 2025, highlighting its volatility as a meme coin.

The 2.59 million token transfer, if sold, could add to selling pressure. However, the vesting’s gradual nature mitigates sudden shocks.

MELANIA meme coin ranks #406 on CoinGecko, with a 24-hour volume of $31.48 Million, up 38.40% from the prior day, per coingecko.com on March 19, 2025.

Previous Dubious MELANIA Transfers

MELANIA meme coin insiders have been accused of money laundering, allegedly laundering profits through meme coin trades and cross-chain transfers.

As reported by The Coin Republic, they sniped their own launch, shuffled funds across wallets and chains, and converted some to stablecoins and fiat to obscure the trail.

These deliberate, layered transactions mimicked routine trading, complicating regulatory tracking. The project team denied wrongdoing, but the actions remain controversial.

Source: https://www.thecoinrepublic.com/2025/03/21/insider-wallet-moves-1-87-million-melania-meme-coin/