A Monad airdrop recipient sold nearly all its MON holdings for 131,000 USDC after the token's market price dropped under its $0.025 public sale level.
On November 25, a Monad airdrop wallet sold 5.5 million MON tokens at $0.0239 each after receiving 5.61 million MON worth $184,000. The sale generated 131,000 USDC as MON traded below its $0.025 public sale price.