2026-01-13 01:57:16

According to on-chain data monitoring, the NYC token issued by former New York City Mayor Eric Adams has experienced a rollercoaster market. Its market capitalization once soared to a high of $600 million but then rapidly collapsed to less than $100 million, with a staggering decline.

What is even more noteworthy are the details of the on-chain operations behind the scenes. The wallet address 9Ty4M associated with the NYC token deployer carried out a clever time-difference operation in the liquidity pool: first withdrawing about 2.5 million USDC at the high price point, then re-injecting about 1.5 million after the token price dropped 60%. This series of actions clearly reflects the precise timing ability of large holders and also prompts market reflection on the initial pricing mechanism and the authenticity of liquidity for the token.

The rise and fall of the NYC token once again remind traders that when focusing on hot projects, it is necessary to deeply observe on-chain data, remain vigilant of large holders' fund flows, and seek more rational judgment in the face of volatility.

USDC-0,02%

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MevWhisperer

· 7h ago

It's the same old trick again, selling high and buying low, you're really good at playing this game.

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GasFeeTherapist

· 7h ago

It's the same old story, a textbook case of big players cutting leeks. High-level exit, low-level re-entry—this combo punch is executed beautifully... Eric Adams' coin? I just smile and say nothing. Honestly, no matter how transparent on-chain data is, it's useless; human greed is still more valuable. 2.5 million USDC can be taken out just like that, retail investors are still holding on. This is the true face of Web3 democratization... Isn't it ironic?

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VCsSuckMyLiquidity

· 7h ago

Yeah, this operation is truly a textbook-level rug pull, the kind that the mayor personally executes. --- Pulling out 2.5 million USDC in one go, this move is perfect... If it continues like this, what are we retail investors supposed to do? --- Once again, it's big players timing the market precisely. Honestly, it's just an information advantage. We're still buying the dip while they’ve already run. --- On-chain data transparency is a joke. No matter how transparent the data is, it can't stop someone from knowing the inside scoop in advance. --- Eric Adams has turned NYC into a giant dealer’s show. --- Honestly, no one can save this kind of project unless you're also holding that 9Ty4M wallet, or you're just cannon fodder. --- That's why I don't touch celebrity coins. The ones making money are never the retail investors following the trend.

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DegenWhisperer

· 7h ago

This is a typical big player harvesting retail investors... Precise timing? That's called just running after the sell-off. Waiting for the next token claiming to be a political figure to come and do it again. They really treat us like an ATM. No matter how clear the on-chain data is, retail investors will still be harvested.

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