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Major MON Airdrop Recipient Liquidates Holdings as Price Dips
11/25/2025, 05:06
AI SUMMARY
●• An airdrop wallet liquidated 5.5 million MON tokens shortly after receipt
●• The sale executed at $0.0239, breaking below the public sale price of $0.025
●• The transaction represents a complete exit by the large holder amid falling prices
On-chain analysis has detected significant selling pressure for the MON token after a large airdrop recipient liquidated their holdings. A wallet identified as an airdrop receiver sold 5.5 million MON tokens for approximately 131,000 USDC shortly after the price weakened.
The liquidation occurred at an average price of $0.0239, which notably falls below the token's public sale price of $0.025. This sale effectively cleared the wallet's entire allocation, signaling a lack of confidence from the large holder.
The breach of the public sale price level often triggers psychological resistance and further selling. This event highlights the impact large airdrop distributions can have on spot prices when recipients choose to exit positions immediately.