PANews, citing a Bubblemaps investigation, reports that Cupsey is associated with approximately 30 addresses and is suspected of dumping tokens after hyping trades.
BIBIBI
AT A GLANCE
Bubblemaps investigation claims that trader Cupsey allegedly bought tokens in advance through about 30 hidden addresses and sold them after public order announcements.
Article
230000 Fans of a “Crypto Guru” Hit Rock Bottom: 30 Alt Accounts Uncovered, Aggressively Harvesting Followers
Bubblemaps research shows that Cupsey, a Solana trader with over 230000 X followers, is linked to about 30 hidden addresses. Since May 7, he has traded more than 27000 types of tokens, building positions early in around 3000 tokens and then selling off his holdings after publicly urging others to follow, cashing out approximately 1740000 USD. He also received about 331000 USD in Pump.fun call-out rewards and had not yet issued a clear response as of press time.
According to a Bubblemaps survey cited by the material, Solana trader Cupsey has over 230000 X followers and is linked to about 30 stealth addresses.
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The investigation states that since May 7, these addresses have traded over 27000 tokens, built up positions in advance on about 3000 tokens, and sold off after publicly urging others to follow their buying, cashing out approximately 1740000 USD.
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The materials state that Cupsey also received approximately 331000 USD in Pump.fun call order rewards.
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According to the report, as of press time, Cupsey had not provided a clear response.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The pattern alleged in this investigation is: first buy the token, then publicly recommend it, and subsequently sell to those who follow the recommendation and buy. The “about 30” in the materials refers to stealth addresses, not the confirmed 30 social media accounts; the related address linkages and trading allegations have not yet been independently verified in the provided materials.
Why it matters to readers
The investigation concerns whether public recommenders have held positions in advance and sold them using copy-trading buy orders, with the core issue being the conflict of interest between recommenders and copiers.
Do not treat the number of followers as proof of recommendation reliability; distinguish between publicly announced signals and verifiable position and trade evidence.
Risks and unknowns
The materials do not provide a specific address, transaction records, or a method for associating addresses, making it impossible to independently verify the investigation’s conclusions.
The material does not list the specific tokens involved, nor does it specify the actual losses incurred by the followers.
The cash-out amount does not equal net profit, and the materials do not specify the cost or the basis for calculating the amount.
“May 7” did not specify the year; as of press time, no clear response had been given, which does not mean the party concerned admits the allegations.
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