Hayden Davis, the entrepreneur involved in the launch of meme coins LIBRA and MELANIA, is selling his tokens after a period of inactivity, according to analysts at Bubblemaps.
1/ Hayden Davis is STILL selling MELANIA
He recently sent $1M to exchanges and extracted over $2M from the liquidity pools ? pic.twitter.com/1sWIkGmtxj
— Bubblemaps (@bubblemaps) March 28, 2025
In mid-March, the entrepreneur’s wallets began selling MELANIA tokens under conditions of unilateral liquidity. Davis took a similar approach when selling LIBRA, directing about 4.5 million tokens to the Kraken and MEXC exchanges.
Experts estimate that in the past two weeks, Davis has moved about $1 million in MELANIA tokens to centralized exchanges and extracted around $2 million from the liquidity pool. “Many” of his wallets still hold unsold assets.
Earlier, Bubblemaps specialists noted that Davis continued to launch tokens despite the potential for an international warrant.