- Bubblemaps alleges Hayden Davis netted $12M by sniping Kanye West’s YZY memecoin within minutes of its launch.
- Suspicious wallet activity tied back to Davis shows pre-funded addresses ready to strike before the token went live.
- Not Davis’ first rodeo—he admitted to sniping LIBRA earlier this year, adding fuel to speculation about insider access.
Crypto detectives are buzzing again. Blockchain analysis firm Bubblemaps dropped fresh allegations on Monday, claiming that Hayden Davis – the so-called “facilitator” of the notorious LIBRA token – walked away with $12 million by sniping Kanye West’s recently launched YZY memecoin.
Davis, who was already tangled in the LIBRA fiasco tied to Argentina’s President Javier Milei, has a bit of a reputation. He’s also been linked to the Melania Trump token, another celebrity memecoin that tanked shortly after launch. Now, Bubblemaps says the same familiar fingerprints are showing up around Kanye’s YZY coin.
Tracing the YZY Trades
According to Bubblemaps, the setup looked pretty suspicious. “We noticed several addresses were funded from CEXs the day before launch,” the firm wrote on X. They went on to reveal that a cluster of wallets appeared perfectly primed to snipe the coin at launch. Their investigation tied those addresses back to Davis through a mix of funding trails, CCTP transfers, and even shared deposits.
In crypto-speak, “sniping” basically means using bots or smart contracts to scoop up huge amounts of a token within seconds of its release. Those tokens are then flipped for profit once the hype sends prices soaring. Bubblemaps says Davis, or at least addresses linked to him, were part of a group of 14 snipers who netted around $12 million. Some of the buys happened just one minute after Kanye announced the token.
Déjà Vu for Davis
This isn’t the first time Davis has been accused of playing the game. Back in February, he admitted to sniping LIBRA tokens right at launch, a move that helped fuel LIBRA’s meteoric rise (and eventual crash). Bubblemaps also noted that the very first buyer of YZY was an “expert sniper” who famously turned $1 million into $100 million trading Trump’s memecoin earlier this year.
With Davis at the center of multiple celebrity-coin controversies, it’s no surprise the crypto community is raising eyebrows. His firm, Kelsier Ventures, has been tied to more than a few questionable launches in recent years, adding to the speculation.
The Questions Still Hanging
For now, Bubblemaps is cautious, saying they can’t confirm whether Davis had insider info or a direct line to Kanye’s YZY team. What’s clear is that someone with deep pockets and serious timing pulled in millions almost instantly, leaving smaller traders holding the bag.
As of now, Davis hasn’t commented on the latest accusations. But given his track record—and the sheer size of these trades—it’s not hard to see why people think this may be more than just “good luck.”
