A well-known figure's token crashes: on-chain data reveals a million-dollar cash-out suspicion

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【Blockchain Rhythm】The NYC token launched by the former New York City mayor has attracted market attention. According to on-chain data analysis, a wallet associated with the token deployer created a unilateral liquidity pool on a certain DEX platform, then quickly cashed out during the price increase phase, extracting approximately $2.5 million USDC. Subsequently, during a period when the token’s value was halved and dropped by 60%, about $1.5 million was re-injected, resulting in a net profit of approximately $1 million throughout the process. This typical high-sell, low-buy operation pattern has sparked community discussions about the fairness of token distribution. From the on-chain footprints, the timing of large fund inflows and outflows is too precise, which indeed warrants vigilance from participants. In the early stages of a new project launch, the behavior of liquidity providers often reflects the project’s true attitude.

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LadderToolGuyvip
· 01-15 22:02
It's the same old trick, openly harvesting profits.
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GateUser-3824aa38vip
· 01-15 17:16
Damn, it's the same old trick again, celebrity tokens are getting more aggressive. --- Pull out 2.5 million and then push back 1.5 million, isn't this tactic everywhere now? --- Can on-chain data lie? Wallet addresses are the evidence. --- That's why I said these celebrity coins rise so quickly... Turns out they're just waiting for the right moment to cut the leeks. --- Wake up, everyone. Do you not have a clue what precise timing means? --- It's the same liquidity trap tactic again, unavoidable and insidious. --- A net profit of 1 million is just a drop in the bucket to them, but for retail investors, it's a total loss. --- I think this kind of behavior should be permanently recorded on the blockchain. --- Isn't it just because celebrities endorse it that it's reliable? Well, now it's all exposed. --- With such obvious on-chain data, what more do I need to say?
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GasGrillMastervip
· 01-14 23:06
It's the same old story, I told you... This move is indeed perfect, 2.5 million invested and 1 million out, even arithmetic is simpler than this. On-chain data never lies, the problem is that we always find out too late.
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PrivateKeyParanoiavip
· 01-13 02:24
It's the same old trick again—2.5 million cash out, 1.5 million bottom-fishing, net profit of a million. It's all transparent on the blockchain. Do you still have the nerve to say the distribution is fair? Truly incredible.
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SadMoneyMeowvip
· 01-13 02:22
It's the same old trick again, big-name tokens are bound to crash.
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Degen4Breakfastvip
· 01-13 02:21
This routine is so familiar to me, another classic move in the crypto world. --- With 2.5 million pulled out, a 60% dip to buy the dip again? The timing is so perfectly synchronized, it's not a coincidence. --- Celebrity effect is really effective; no one says a word when it's time to cut. --- On-chain data is right there, what are you pretending for? --- The true attitude of the project team is just two words: cut the leeks. --- I just want to know when that 1.5 million will try to escape again. --- It seems that fame can't save a shit coin's life.
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WagmiAnonvip
· 01-13 02:13
It's the same trick again, precise to the second. --- Looking at the on-chain data so perfectly, it really doesn't seem like a coincidence haha. --- This wave in NYC is truly outrageous, pulling in 2.5 million and then running. --- So do we still have to dig through the chain ourselves to see clearly? --- We should have been alert to projects like this long ago, so annoying. --- A net profit of 1 million, this calculation is so precise. --- The celebrity effect really can't stop greed. --- The true attitude of liquidity providers is just like this. --- It's always this move. When will they learn their lesson? --- Buy low, sell high—classic textbook style of cutting leeks. --- Even Bitcoin isn't as stable as this. --- They've already left you enough clues, it's just up to you whether you're willing to see them.
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MetaverseHomelessvip
· 01-13 02:04
Bro, this move is really brilliant. Withdraw 2.5 million and then eat back 1.5 million, netting a profit of 1 million. By the way, how come the timing is so spot-on? --- It's the same old trick of selling high and buying low. The true attitude of the project team is obviously just to cut leeks directly. --- On-chain data is so clear, and there are still people daring to operate like this. Do they really think we're all blind? --- NGL, I've seen this kind of thing too many times. The problem is, the people who get cut still have new leeks coming in. --- A 60% drop and a $1 million cash-out gap—how many people have to lose money to fill this hole? --- If a mayor's token can be played like this, I really have no expectations for this circle anymore. --- Just want to ask, when will this wallet be held accountable, or will it just be settled as "private operation" again? --- The key is, it's all written on the chain and still has the nerve to show off. Where's the face?
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CounterIndicatorvip
· 01-13 01:57
It's the same old trick again, cash out $2.5 million and buy the dip... With such obvious on-chain data, how come someone still dares to take the bait?
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