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Beware of the MELANIA Meme Coin Manipulator: Selling for 2 Weeks, There's More! - Coin Bulletin
For the last 14 days, Hayden Davis has been selling MELANIA tokens, transferring approximately 1.06 million dollars worth of MELANIA tokens to centralized exchanges and withdrawing over 2.05 million dollars from liquidity pools.
According to Bubblemaps' explanations, it has been revealed that Hayden Davis is the manipulator behind tokens like MELANIA and LIBRA. For a while, MELANIA wallets had been quiet, but they have started to become active again in recent days. Following this reactivation, it was reported that Davis sent MELANIA tokens to exchanges and withdrew millions of dollars worth of tokens from liquidity pools.
Hayden Davis sent **1.06 million dollars worth of MELANIA tokens to centralized exchanges in 14 days and withdrew tokens worth 2.05 million dollars from liquidity pools. This move indicates that Davis has quietly started selling his tokens. Moreover, it is reported that many wallets have still not sold their tokens.
Hayden Davis's recent trading activity, which has gone unnoticed, raises the thought that he might be acting by seizing an opportunity during a period of reduced investor interest. Bubblemaps stated that it will continue to monitor these activities.
MELANIA coin has lost 14% of its value in the last 7 days. It is currently trading at $0.61, having lost 95% of its value from its highest level.