Hayden Davis, a controversial person of tokens such as Melania and Libra, is drawing attention. Blockchain Analytics company Bubblemaps said Davis has been actively selling Melania tokens for the past 14 days. His wallet abandoned about $ 16 million tokens on the central alternative exchange and withdraws more than $ 250 million from the liquidity pool. This pattern is surprisingly similar to what happened in Libra, another project connected to Davis.
Mim horror continues…
Crypto Investigator Bubblemaps, a well -known blockchain analysis platform, said Davis and his team used suspicious tactics that cashed more than $ 100 million from Melania and Libra. In collaboration with Coffeezilla, Bubblemaps exposed how these tokens were created to generate quick profits rather than building long -term projects.
For several weeks, Davis’s Melania wallet was inactive. But about 12 days ago, he began selling tokens secretly using unilateral liquidity settings. Millions of tokens were also sent to the central exchanges such as Krake and MexC, and it will probably be sold.
More liquidity has been drained in Melani
Immediately after this escape, according to the new report, there is a fresh Melania liquidity pool that can use $ 450K for cash withdrawal. This setting, which was detected in just a few minutes after creation, is designed to be sold at a specific price. This suggests that Davis is still trying to get funds from the tokens.
As of March 28, constant sales orders continued to drop Melanie’s prices. In a few days, it fell from $ 0.70 to $ 0.63, and some exchanges were lower prices. It once reached its peak at $ 13.73, but has since lost billions of dollars. There are still money on the market, but many of the 246,375 owners can struggle to sell before the price falls much.
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Politics Memecoins- Warning Display?
The injury of the Trump Theme Mew Coin has set a stage of this kind of encryption activity. On January 18, 2025, Donald Trump started his notes, Trump, and this Trump surged to a high maximum of $ 72.68 in a few cents. This over -advertising led to billions of trading volume and opened a door for more political memes tokens.
Melanie A Trump released Melanie the next day, but was considered a pump and dump system. Most of the supply was maintained by several wallets, and the pre -sale wallet sold 10%quickly. The same pattern is repeated as the Libra on a larger size.
What is the following?
As Davis continues to sell, the price of Melania can fall much. This situation often shows the risk of investment in political notes facing price fluctuations, liquidity issues and possible regulations. Investors should be careful.
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FAQ
Hayden Davis is a controversial encryption person with a controversial encryption related to tokens such as Melania and Libra, both of which faced liquidity and market manipulation.
According to the report, Melania followed the “Pump and Dump” model, and the early holders cashed a lot of money, leaving later in the investor’s depreciation.
Another project related to DAVIS, Libra, has been drained in large -scale liquidity, leading to allegations of price conflicts and fraudulent acts of investigators.