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://solscan.io/account/9Ty4M4t9MZArhJBKFWbYrzeqdMf2Ua5eHWSRW3LXKyGt?page_size=100&value=1000&value=#activities

https://solscan.io/account/Dr6s2ovWKfg32oFjLUdbw3Q33ZMhUEnMUMKMxyty2iFA#activities