TRUMP Coin Insider Hayden Davis Was a Major PUMP Whale Who Dumped Millions
Blockchain analytics agency Bubblemaps has linked controversial meme coin insider Hayden Davis to one of many largest personal allocations of Pump.enjoyable’s PUMP token.
The agency discovered that a pockets attributed to Davis invested $50 million USDC within the personal sale and acquired 12.5 billion PUMP tokens at launch. Those tokens had been price about $73 million on the time.
How a Top Insider Cashed Out Millions From Pump.enjoyable
However, the pockets rapidly moved roughly 80% of the tokens to centralized exchanges inside days of the launch.
The remaining tokens had been progressively bought over time. Bubblemaps estimates Davis made about $15 million in revenue from the commerce.
This discovery reveals that Davis was not simply a dealer within the Pump.fun ecosystem however one in all its largest early institutional buyers.
His allocation made him the second-largest personal purchaser of the PUMP token. Private sale buyers sometimes obtain discounted costs, giving them a bonus over public consumers.
As a end result, Davis doubtless secured earnings early, whereas retail buyers confronted volatility later. The PUMP token initially surged after its July 2025 ICO however has since fallen about 75% from its peak. This sample displays the broader meme coin cycle, the place insiders typically exit early.
Meanwhile, Davis already has a controversial reputation within the crypto trade. He serves as CEO of Kelsier Ventures, a crypto agency tied to a number of meme coin launches and scandals.
He turned broadly identified for his position within the LIBRA token, which surged above $4 billion in market worth after promotion by Argentine President Javier Milei however collapsed inside hours.
Authorities later froze wallets and belongings linked to Davis throughout fraud investigations. Argentine prosecutors even sought an Interpol Red Notice, citing issues that he might flee.
Furthermore, Davis admitted he helped launch a number of celebrity-linked tokens, together with MELANIA and others related to political branding.
Blockchain investigators have linked his wallets to repeated patterns of early insider allocations and speedy sell-offs after launch hype.
Now, the Bubblemaps findings counsel Davis additionally operated as a major insider investor in Pump.fun itself. This expands his position from meme coin creator to launchpad-level whale.
Ultimately, the case highlights ongoing issues about insider entry and revenue extraction in crypto token launches.
Regulators and buyers proceed to scrutinize how personal allocations form market outcomes lengthy after the preliminary hype fades.
The publish TRUMP Coin Insider Hayden Davis Was a Major PUMP Whale Who Dumped Millions appeared first on BeInCrypto.
