Hayden Davis linked to $50M Pump.fun allocation and multi-million sell-off

Blockchain analytics firm Bubblemaps linked a wallet attributed to Hayden Davis to a $50 million USDC investment in Pump.fun’s private PUMP sale. That wallet received 12.5 billion PUMP tokens at launch, a holding worth about $73 million at the time. The wallet moved roughly 80% of those tokens to centralized exchanges within days of launch, with the remainder sold gradually thereafter.

Bubblemaps estimates the trades generated about $15 million in profit. Davis was the second-largest private buyer, highlighting how private sale allocations can give insiders an advantage over public buyers. Hayden Davis is CEO of Kelsier Ventures and has been connected to several meme coin controversies.

He gained attention for his role in the LIBRA token, which surged above $4 billion after promotion by Argentine President Javier Milei and collapsed within hours. Authorities later froze wallets and assets linked to Davis during fraud investigations, and Argentine prosecutors sought an Interpol Red Notice.

Argentina

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