$ME

Davis Continues Selling MELANIA Tokens: BubbleMaps Explains. 🕵🏻

Recent revelations by on-chain analytics firm @Bubblemaps.io , in collaboration with investigator Coffeezilla, have uncovered ongoing suspicious activities linked to Hayden Davis and the MELANIA token. Here’s a detailed breakdown of the five key points from their investigation:

$1 Million to Exchanges and $2 Million from Liquidity Pools

Hayden Davis resumed selling MELANIA tokens after weeks of inactivity, transferring $1,065,153 worth of tokens to centralized exchanges like Kraken and MEXC. Simultaneously, he extracted $2,050,666 from liquidity pools over 14 days. Liquidity pools are reserves that enable token trading on decentralized platforms; draining them can destabilize prices and harm investors. This dual strategy selling on exchanges while withdrawing liquidity suggests a coordinated effort to liquidate holdings profitably.