Bubblemaps revealed that Kelsier founder Hayden Davis is still actively selling Melania tokens.
Over the past 14 days, Davis has moved about $1,065,153 worth of melania into centralized exchange, withdrawing $2,050,666 from the liquidity pool. Despite these sales, his various wallets still have a significant amount of melania and have not yet been liquidated.
This development follows previous claims by Solayer developer Chaofan Shou. ChaofanShou claimed that the scam group was behind the launch of Libra Token. According to Shou, the token was launched through Issuance Advisor Hayden Mark Davis from Kelsier Ventures, and the market was outsourced to an Indian company. Shou also claimed that Kelsier Ventures and its market production partners are the key figures behind many tokens, including Melania, Enron, Bob, Rag, M3M3 and Ogme, some of which have something to do with First Lady Melania Trump.
Meanwhile, major whales have suffered a huge loss while trading card tokens. According to on-chain data, the wallet tagged “EWKH5” five hours ago traded 700,000 Trumps for $7.58 million, losing $2.58 million in the transaction. This was not the whale’s first failure. Previous transactions in Trump caused an estimated loss of $1.73 million in total.
*This is not investment advice.
