Eric Adams(@ericadamsfornyc), the former mayor of New York City, launched a memecoin $NYC and removed liquidity at the price peak, pulling 3.18M $USDC from the liquidity pool.
Many traders panic-sold, with trader Dr6s2o losing $473.5K(−63.5%) in under 20 minutes.
https://t.co/eg5STCcwto
https://t.co/Ffsdrf8LKd
From X
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