A 12 months after Bubblemaps first detailed the on-chain mechanics behind the LIBRA meme coin collapse, the blockchain analytics agency has launched a brand new replace monitoring the renewed buying and selling exercise of the undertaking creator Hayden Davis.
This time, it has highlighted vital buying and selling losses quite than insider features.
From Insider Wins to Meme Coin Losses
In keeping with Bubblemaps’ newest findings, Davis has resumed on-chain exercise after a interval of pockets inactivity, however is now down roughly $3 million after buying and selling a number of Solana-based meme cash, equivalent to PUMP, TROVE, and PENGUIN.
The replace acknowledged that Davis had largely disappeared from on-chain buying and selling following Bubblemaps’ August 2025 investigation, which confirmed he had made hundreds of thousands by sniping the hip-hop star Kanye West’s YZY token shortly after launch. After these earnings, the wallets linked to him went dormant.
Nonetheless, Bubblemaps reviews that new wallets throughout the similar cluster have develop into lively once more this 12 months. In reality, over the previous 30 days, the agency recognized a number of giant transfers right into a deposit deal with linked to Davis, labeled CPGZ1i, which in the end led to 6 lively wallets beneath the identical cluster.
Transaction evaluation additional indicated that Davis was buying and selling as lately as 5 days in the past and targeted totally on trending Solana meme cash. In contrast to earlier episodes, the vast majority of these trades had been unprofitable. Bubblemaps estimated losses of roughly $2.5 million on PUMP, $100,000 on PENGUIN, $29,000 on KABUTO, and smaller losses on tokens equivalent to LOUD and BAGWORK.
LIBRA Fallout Didn’t Finish It
The findings present Davis didn’t exit the market following the LIBRA collapse, which had beforehand been linked to over $100 million in insider earnings, in accordance with Bubblemaps’ report revealed precisely a 12 months earlier. That earlier investigation mapped a community of wallets related to LIBRA and MELANIA token launches, and demonstrated coordinated sniping exercise, cross-chain fund transfers, and fast cash-outs tied to addresses related to Davis and associated entities.
On Monday’s replace, Bubblemaps noticed that as a substitute of disappearing, Davis’ monetary place advanced in different methods. For example, a decide unfroze $57 million of his property, he continued to generate earnings by opportunistic trades equivalent to YZY, and he obtained a large MET airdrop. The most recent knowledge now reveals Davis partaking in routine on-chain buying and selling exercise once more.
The submit Hayden Davis Resurfaces After LIBRA Crash, However His Newest Trades Are Deep within the Pink appeared first on CryptoPotato.