Libra Coin Price Prediction: Insiders Cashed Out—What’s Next?

Published:February 15, 2025 Updated: April 06, 2025
By: Lokesh Gupta
Libra Coin Price Prediction: Insiders Cashed Out—What’s Next?

Libra Crypto Price Prediction: The Truth Behind the Price Collapse

The Rise and Fall of $LIBRA

The Solana-based memecoin $LIBRA once surged to a $2 billion market cap. However, it has since dropped 96%, falling from $4.62 to $0.19. This sharp decline has sparked concerns about insider trading and liquidity manipulation. With $1.2 billion in trading volume within the first four hours and allegations of coordinated insider actions, investors must stay cautious.

Argentina’s President Javier Milei deleted the $LIBRA tweet, and now we get this explanation. It’s clear this is the same team—or at least using the same tactics—as those behind $MELANIA and $TRUMP. Somehow, they have ties to other world leaders, yet they’re freely pulling out hundreds of millions while we watch.

$MELANIA

This article examines $LIBRA’s market trends, insider activity, and future price movement, offering a technical price prediction.

$LIBRA Insider Trading and Market Manipulation

LookOnchain data has exposed suspicious trading patterns, with insiders making over $20.18 million in profits. These wallets, linked to major exchanges like Binance, Bybit, and KuCoin, withdrew funds before the launch. They then acquired $LIBRA tokens within the first second and gradually sold as prices peaked.

At least three addresses followed this pattern, suggesting a well-planned insider scheme. Additionally, the $LIBRA team withdrew $87 million from liquidity pools, leaving 82% of the supply in a single entity’s control. This raises serious concerns about decentralization and investor safety.

LookOnchain

Insider Dump Sparks Sell-Off Concerns

Recent data reveals that 11 insider wallets made $43.8 million by selling $LIBRA shortly after launch. These wallets were created just hours before the launch, accumulated large amounts, and sold at peak prices.

Identified Insider Wallets:

  • CMLkomKRxisYj8NbDX9F67rjTzB4aXy5mmCLU15cDbv5

  • 5ow7xpWkzgHEDsY9nG1ntZaJoLiSk8aJKW86E9wMGuVv

  • 8izuN26YkEv1CJxbD5EFcFKzKSJCWVgZozsyh93jdZEE

  • 7qN8RpRpqgQf1gH6pE11vCrWfSH6t9WGZqepR33g5ao7

  • FS52oWvGn7gmo4fve1n8DPTfa84C5GH6fDhFoyZqRrcy

  • BdvuuA2KGwjAZKkh5RmiS97dsishpumJBzU5NJvZ6VAq

  • HyzGo2wCce9oiRfz1ox9DJZB63gjn8TAbcv819XZmz8Q

  • 2NHGzdMGW4Zoe4Szypj3QpQuZR2mq3qRgQk6ek1KkH7V

  • DYan6HdoEof2rPZMYxntpBcghAjcFeaGcWVxWzsUHNRB

  • 7WRgSzGS3944HU7qsB1kXNnAv1JBGfnK3Uo5Zptsp3WW

  • Gr3eiFhPfLAaA4SSHYqan8hcBB9dHLxRC176tfRtS4ebInsider Wallets

$LIBRA Team’s Liquidity Crisis and Sell-Off

On-chain data suggests the $LIBRA team withdrew $87.4 million from liquidity pools, worsening the sell-off. According to bubblemaps, these transactions indicate an effort to drain liquidity before a complete market collapse.

Notable Withdrawals:

  • $27.8 million from a single wallet

  • $26.4 million from another major holder

Due to these large outflows, price volatility has increased, making further crashes likely. The top 100 holders have already faced average losses of 56%, with many early investors trapped in an illiquid market.

Notable Withdrawals

Libra Coin Price Prediction: What’s Next?

The LIBRA/SOL price action suggests a pump-and-dump scheme. The token initially spiked to 4.62 SOL but quickly dropped below 0.2 SOL, signaling manipulation.

Key Technical Indicators:

  • RSI: 29.57 (Oversold)

  • MACD: Bearish, indicating continued downward momentum

  • Support Levels: 0.10-0.15 SOL

  • Resistance Levels: 0.45-0.50 SOL

In the short term, $LIBRA is expected to trade between 0.10-0.50 SOL. If sell pressure persists, further declines are likely. Without new buying interest, a quick recovery seems doubtful. Any rebound would likely be slow unless another artificial pump occurs.

Libra Coin Price Prediction

Source: Dexscreener

Will $LIBRA Recover?

A full recovery depends on whether insider selling slows and new investors enter. However, due to high manipulation and liquidity depletion, a long-term bullish outlook remains unlikely.

Conclusion

$LIBRA has displayed clear signs of a pump-and-dump scheme. Insiders have cashed out millions, leaving early investors with major losses. With an uncertain future and high volatility, traders must remain cautious and rely on technical indicators rather than market hype.

Also read: PI Network Price Prediction: Will Bybit & Binance Fuel a Rally?
Lokesh Gupta
Lokesh Gupta

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

WHAT'S YOUR OPINION?

16-02-2025

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