Massive Losses For Crypto Traders As MELANIA Memecoin Plummets

Bibhu Pattnaik

March 01, 2025

A crypto trader has reportedly suffered a staggering loss of $15.68 million after trading the official memecoin of First Lady Melania Trump.

What Happened: The blockchain tracking firm Lookonchain disclosed that the trader purchased nearly 14 million MELANIA (CRYPTO: MELANIA) last month for approximately $30 million, only to sell off all his holdings this week at a loss of $15.68 million.

Another trader also suffered a loss of $3.73 million on his MELANIA trade this week, according to Lookonchain’s report.

Whales sold all their $MELANIA holdings at a loss recently!

DNTpoX…LN2A spent 30M $USDC to buy 13.97M $MELANIA a month ago, and sold for 14.32M $USDC yesterday, losing $15.68M.

Gu2bnm…xmni spent 10M $USDC to buy 6.69M $MELANIA 22 days ago, and sold 6.27M $USDC in the past 2â€¦ pic.twitter.com/jAK6t6rJhy
— Lookonchain (@lookonchain) February 26, 2025

The MELANIA memecoin is currently trading for $0.85, down 93.5% from its all-time high of $13.05, which it hit on January 20th, a day after launching.

Also Read: Think Tank Calls for DOJ Probe Into TRUMP Meme Coin Over Possible Anti-Bribery Violations

Lookonchain also reported that a trader liquidated his position in the TRUMP (CRYPTO: TRUMP) Memecoin this week at a loss of $24.4 million. The TRUMP Memecoin, launched by President Donald Trump just days before his inauguration, is now trading at $12.60, down 83% from its all-time high price of $73.43.

Why It Matters: This massive loss for traders comes amidst a proposed legislation by freshman Rep. Sam Liccardo (D-Calif.). Liccardo is proposing the Modern Emoluments and Malfeasance Enforcement (MEME) Act, aimed at preventing lawmakers from profiting off meme assets.

This proposed act appears to be targeted at Trump, who has profited off TRUMP despite the meme asset having lost billions in value after launching earlier this year.

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

The Next ETF Era Begins with Payments - Ad

Weiss Gold Veteran Makes Shocking New Call - Ad

Congresswoman Marjorie Taylor Greene disclosed some new stocks recently. Unlike past trades in 2024 and 2025, the latest disclosure is rather unique.

Rahm Emanuel Urges Democrats To Get Tougher on Crime

Rahm Emanuel is urging Democrats to adopt a tougher, community-focused crime strategy as he weighs a potential 2028 presidential run.

D.C.'s Quiet Plan for a New Tech Era

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Joan Branson, wife of British billionaire Richard Branson, dies at 80

Joan Branson, the wife of British billionaire Richard Branson, has died at age 80.

Trump-Pardoned Ponzi Schemer Faces 37-Year Sentence For $44 Million COVID Scam

A previously convicted Ponzi schemer who had received a pardon from President Trump is heading back to prison due to involvement in a new fraudulent scheme.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

AT&T reached a $177M data breach settlement. What consumers should know about claiming their money

NEW YORK (AP) — AT&T has reached a combined $177 million settlement over two . And impacted consumers have a little over a month left to file a claim for their chunk of the money.

Trump commutes prison sentence for former private equity executive David Gentile

HALLANDALE BEACH, Fla. (AP) — President has commuted the prison sentence of former investment manager David Gentile, who was convicted of defrauding investors — the latest in a Trump has taken in .

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Nvidia, Dell, Coinbase, Gorilla Technology And Archer Aviation: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks closed lower on Monday, with the Dow slipping 1.2% to 46,590.24, the S&P 500 easing 0.92% to 6,672.41, and the Nasdaq dipping 0.84% to 22,708.07. These are the top stocks that gained the attention of retail traders and investors through the day:

New York advances casinos at a Bronx golf course and near Mets stadium

NEW YORK (AP) — Casinos proposed for a golf course in the Bronx and next to the New York Mets’ ballpark are poised to cash in on a for the New York City area.

Utility Over Hype: ETF Launch Alert

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Barrick's Breakup Rumors, North America Versus The World

Barrick Mining (NYSE: B) may split into two companies, one focused on North America and another on Africa and Asia.

Donald Trump Nullifies 92% Of Joe Biden's Autopen-Signed Documents: 'Cancelling All Executive Orders And Anything Else'

Trump moved to invalidate what he claims are most of Biden's autopen-signed actions, sparking political backlash and renewed debate over the legality and precedent of using mechanical signatures for presidential documents.

$270,000 Drug. One Competitor. Billion-Dollar Market.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

Hours After Marjorie Taylor Greene's Public Rebuke, Trump Responds With Restraint: 'She's A Nice Person'

President Trump has changed his perspective on MTG after her unexpected resignation from Congress.

Trump's Approval Rating Hits Lowest Since Returning To Office, With Support Falling Among Republicans, Independents

Trump's approval rating hits new low as Republican and independent support drops. Economy, immigration, and budget handling are major concerns.

The Smart Money Copper Trade

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Why Is Sigma Lithium Stock Gaining Friday?

Sigma Lithium posts Q3 revenue of $28.5M, EPS loss narrows to 10 cents, as sales volumes rise 21% and lithium prices jump 33% Q/Q.

Tim Cook's Potential Successor, China's iPhone 17 Demand And More: This Week In Appleverse

Apple saw major shifts this week, from leadership speculation to streaming moves and a strong iPhone 17 surge in China.

The Repeatable Strategy Behind 20+ Early Memecoin Wins (Revealed)

The Repeatable Strategy Behind 20+ Early Memecoin Wins (Revealed) - Ad

Few analysts have been able to consistently spot strong memecoin setups, but our team has developed a repeatable framework that has helped them identify high-momentum plays early. Now they've uncovered a new project showing similar characteristics, and they want you to see the full breakdown yourself.

Warren Buffett Disciple Seth Klarman Takes New Stake In Railroad Company, Lowers Stake In This Magnificent Seven Stock

Baupost Group, led by Seth Klarman, made major changes to its investment portfolio in the third quarter. A look at the changes.

Canada's prime minister and Alberta's premier sign pipeline deal that could reverse oil tanker ban

TORONTO (AP) — and the premier of Canada’s oil rich province of Alberta agreed Thursday to work toward building a pipeline to the Pacific Coast to diversify the country’s oil exports beyond the United States, in a move that has caused turmoil in Carney's inner circle.

The $43B Big Pharma Story is Starting Over-With a New Player

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Tesla Wants To Shift Away From China-Made Components For US Cars: Report

Tesla requires suppliers to exclude Chinese parts for US car production. Despite challenges, aim to switch all parts within 1-2 years.

Sweden promises action against illegal sex doll sales

BERLIN (AP) — The Swedish government promised on Friday to fight the sale of childlike sex dolls online after instances of such commerce had been reported earlier in the country.

The Next ETF Era Begins with Payments

The Next ETF Era Begins with Payments - Ad

After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.

Trump Rolls Back Tariffs On Coffee, Beef And More As Price Debate Heats Up— Here's What You Need To Know

President Donald Trump signed an executive order on Friday that retroactively lowers tariffs on beef, coffee, bananas, and tomatoes, among other agricultural imports.

Elizabeth Warren Warns Trump Making A 'Tremendous Mistake' By Selling Federal Student Loans To Wall Street: 'I'm Fighting Back'

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump's plans to sell federal student loans to private companies, warning that the move could create windfall gains for Wall Street, at the expense of taxpayers and average working Americans.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Trump's $2,000 Tariff Checks Gain Steam As Sen. Katie Britt Says Senate Should 'Take A Look' Amid Soaring 18% Consumer Tariff Burden

Momentum building for Trump's push for $2,000 tariff-funded payments as GOP lawmakers express openness. Treasury Sec. suggests income limits.

What's Going On With Home Depot Shares Monday?

Home Depot, Inc. (NYSE:HD) shares are bouncing around Monday ahead of earnings later this week. Here's what you need to know.

D.C.'s Quiet Plan for a New Tech Era

D.C.'s Quiet Plan for a New Tech Era - Ad

For conservative media, New York City Mayor-elect Zohran Mamdani quickly becomes attack target

New York City's incoming mayor, Zohran Mamdani, hasn't taken office yet. But he's already the new avatar of evil for conservative media figures.

Tax-Free Student Loan Forgiveness Expires In 2026, Who Owes More Next Year?

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Meta alerts young Australians to download their data before a social media ban

MELBOURNE, Australia (AP) — Technology giant on Thursday began sending thousands of young Australians a two-week warning to downland their digital histories and delete their accounts from Facebook, Instagram and Threads before a world-first on accounts of children younger than 16 takes effect.

Spanish court orders Meta to pay nearly half a billion euros in damages to media outlets

BARCELONA, Spain (AP) — Spanish legacy media companies in Spain scored a victory against social media giant Meta after a Madrid-based court ordered Thursday that it must pay news outlets nearly half a billion euros in damages.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

Here's why everyone's talking about a 'K-shaped' economy

WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.

Trending Now