How to be a millionaire (starting from Billions) with Hayden Davis and $MELANIA

dethective

• 3 min read
How to be a millionaire (starting from Billions) with Hayden Davis and $MELANIA

Melania wallets once controlled billions. Now they hold just ~$150M

Want to know what happened? This thread breaks it all down:

  • How Hayden Davis is slowly cashing out profits
  • The DeFi strategy he’s using to do it
  • The 50+ new Kelsier addresses I found

Let’s dive in. 🧵👇

1/ Let’s rewind $MELANIA’s story from the beginning

The starting Bubblemaps of $MELANIA (19/01/2025)

Each token starts with the deployer creating token, getting a share and distributing it.
In the case of $MELANIA, the team was holding 86% of the supply.
Everything green is controlled by Davis.
Let's follow the money.

This is the bubblemaps on launch day https://v2.bubblemaps.io/map/i2cPQk6TOpk01adiRxvh

2/ A Big Chunk of Supply Went to Unknown Destinations

I traced the transfers from the deployer to map the money flow. Here’s how I categorized the wallets:

✅ Green: Liquidity locked with Jupiter, still there (though 55M is already unlocked).
🚨 Red: Liquidity that’s moving when it shouldn’t be.

Next, we’re diving into the four red squares for a deeper analysis. 🔍

The 4 red wallet have weird behaviour

3/ The Community Wallet

I’m not entirely sure what the Melania Community Wallet represents. However, I do know that this group of wallets is:
• Sending $MELANIA to Kraken and MEXC
• Adding only $MELANIA to the Meteora liquidity pool (LP), earning fees and farming $MET

The profits from these operations remain on-chain.

4/ The Mysterious Wallet (7wK1V) got 10M for free

This wallet appears to be somewhat more "fair":
• It promptly returned 7.7M $MELANIA.
• Initially provided single-sided (SS) liquidity on Meteora before later switching to both sides.
• Sent approximately 1M of the profit to another wallet

5/ ANQz4 Wallet – Creating Millions Out of Thin Air

This wallet is particularly interesting as it highlights how much value 2M $MELANIA, given for free, can generate.
• It leveraged two liquidity pools to transform 2M of a worthless token into millions.
• Some of the profits were sent to Binance, while the rest remain on-chain.

6/ Melania Liquidity 2 – The DeFi Strategist

This wallet cluster was supposed to provide liquidity. Instead:
• It dumped tokens via Meteora and Jupiter DCA
• It’s earning yield on profits using Kamino, Drift, and Orca
• It deposited to Blofin, Bitget, MEXC, Kraken, and other CEXes

7/ The 50+ wallet list

By following the money, I managed to gather 50+ addresses to help Meteora's team blacklist Kelsier's wallet from the $MET allocation.

Since I really appreciate the initiative (I'm not paid to promote them 😆) and I don't like seeing scammers win, even through airdrops, I decided to help with my skills.

8/ My commit for Meteora

If you're interested, you can find my commit with the full list of Kelsier-related addresses in their repository.

It includes all the addresses and a detailed explanation of the methodology.

https://github.com/MeteoraAg/ops/issues/6

9/ Conclusion

I was quite shocked to see that every single wallets I was checking was holding life changing money.
Every small chunk, with a couple of Millions of $MELANIA that can easily go unnoticed, were converted in thousands, if not million of dollars.

Even worse, those wallets are actively trading, performing DeFi strategies and earning a passive income with lending.

I'll give you more update in the future for sure