Blockchain analytics firm Bubblemaps has linked controversial meme coin insider Hayden Davis to one of the largest private allocations of Pump.fun’s PUMP token.
The firm found that a wallet attributed to Davis invested $50 million USDC in the private sale and received 12.5 billion PUMP tokens at launch. Those tokens were worth about $73 million at the time.
BREAKING: Hayden Davis is back
But this time he's down $3,000,000
Trading $PUMP, $TROVE, $PENGUIN and others