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

2026-01-13 01:54:10

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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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PrivateKeyParanoia

· 17h ago

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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SadMoneyMeow

· 17h ago

It's the same old trick again, big-name tokens are bound to crash.

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Degen4Breakfast

· 17h ago

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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WagmiAnon

· 17h ago

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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MetaverseHomeless

· 17h ago

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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CounterIndicator

· 18h ago

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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