Crypto Whale Spends $10M in MELANIA

The whale took 10 million USDC from Binance to acquire 6.69 million MELANIA coins at $1.5.

MELANIA is up 17% today, hitting $799 million.

The crypto whale made over $1 million after buying a lot of MELANIA coins. MELANIA's market worth is around $799 million, up 17% today.

Crypto Whale Buys 6.69M MELANIA
Lookonchain data shows a mystery crypto whale generated a new wallet and withdrew 10 million USDC from Binance a few hours ago.

At $1.5, the whale acquired 6.69 million MELANIA coins.

Since MELANIA is trading over $1.6, the crypto whale profited almost $1 million by keeping the coins.

MELANIA, 17% Higher Today

MELANIA is trading at $1.65, up roughly 17% today. Around $799 million is the coin's market valuation, and approximately $155 million is traded daily.

Today, MELANIA rose from $1.39 to its current price in less than four hours. MELANIA's price rose over 8% since 1 PM.

The MELANIA memecoin?

Melania Trump, Donald Trump's wife, stated on X on January 19 that admirers may purchase the memecoin for the Official Melania Meme. Trump told his X account of his wife's news.

The MELANIA memecoin website allowed dealers to acquire coins using debit cards or crypto. Jupiter helped the initiative provide secure and fast shopping.

In the next day, January 20, Binance Futures released the MELANIAUSDT Perpetual Contract with 25x leverage.

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