Hayden Davis, the controversial figure behind the $LIBRA and $MELANIA memecoins, is back in the spotlight.
Bubblemaps reports that Davis recently offloaded $1,065,153 worth of $MELANIA to exchanges like Kraken and MEXC, while pulling $2,050,666 from liquidity pools over the past 14 days.
This follows weeks of inactivity in his wallets, which were exposed by Bubblemaps and Coffeezilla for their role in multiple token scams, including $LIBRA’s 85% crash after insiders withdrew $87 million.
Hayden Davis Resumes $MELANIA Sell-Off, Cashes Out $2M
Davis is using the same single-sided liquidity tactic seen with $LIBRA, likely taking advantage of reduced public scrutiny to quietly move funds. Many of his wallets still hold unsold tokens, suggesting more sales may come.
$MELANIA, once worth $13.73, now trades at $0.66, leaving its 246,375 holders with low liquidity. Despite the controversy, Davis faces no sanctions, raising questions about accountability in DeFi.
Bubblemaps continues to monitor his moves as the crypto community watches closely.
Stay tuned with MevX for more updates on this unfolding story.
