According to @AltcoinGordon, when James Wynn opens a trade, both the cabal and market makers are quick to respond, often influencing price movement and liquidity in the cryptocurrency markets (source: Twitter/@AltcoinGordon, June 2, 2025). Such reactions from major market players highlight the continued importance of monitoring large trader activity for short-term volatility and potential shifts in trading volume. For active traders, tracking influential accounts like James Wynn can provide early signals of market moves, especially in altcoin markets where liquidity is thinner and price manipulation risk is higher.

According to Lookonchain, the Melania token team has been actively offloading 6.72 million $MELANIA tokens for 34,168 $SOL, equivalent to $4.2 million, over the last 25 days. This was achieved by adding and removing liquidity across 8 different wallets.