NYC Token deployer profits approximately $1 million by adding unilateral liquidity

BlockBeats News, January 13 — According to Bubblemaps analysis, NYC tokens were launched by former New York City Mayor Eric Adams. The wallet associated with the token deployer, 9Ty4M, created a unilateral liquidity pool on the Meteora platform, withdrew approximately $2.5 million USDC during the price peak, and only re-injected about $1.5 million after the token’s value dropped by 60%, netting a profit of approximately $1 million.

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