According to @bubblemaps, on-chain analysis shows roughly $30M worth of MELANIA tokens were sold from team-linked wallets and about $10M were removed from the community pool and sold, indicating significant distribution from insider-associated addresses (source: Bubblemaps on X, Dec 31, 2025). @bubblemaps also states there has been no public explanation from the MELANIA team for these transfers and sales over the past seven months, raising transparency concerns for traders assessing execution risk (source: Bubblemaps on X, Dec 31, 2025). Based on these figures, at least $40M of token supply appears to have hit the market from team and pool addresses, which traders may interpret as potential sell-pressure overhang that could affect liquidity and price discovery in $MELANIA if flows persist (source: Bubblemaps on X, Dec 31, 2025). @bubblemaps characterizes $MELANIA as a Trump-affiliated token, and suggests monitoring known team wallets, exchange inflows, and pool depth for additional large outflows that could act as near-term catalysts (source: Bubblemaps on X, Dec 31, 2025).