🚨 SOLANA TRADER ALLEGEDLY POCKETED $1.74 MILLION FROM MEMECOIN COPY TRADING!
The Solana memecoin world is back in the spotlight after blockchain analytics platform Bubblemaps revealed alleged manipulation involving a trader named Cupsey.
According to Bubblemaps’ on-chain investigation, around 30 wallets are suspected of being connected to Cupsey and carrying out a strategy that disadvantaged copy traders.
🔍 How Did the Scheme Work?
Side wallets allegedly bought tokens early.
Cupsey’s public wallet then joined in, attracting the attention of copy traders.
Hidden wallets allegedly sold the tokens as demand increased.
The pattern is suspected to have generated around $1.74 million in profits from 3,000 tokens since early May 2026.
Bubblemaps also uncovered a suspected link to a token creator who had previously made around $1.3 million through rug-pull activity.
In response to the allegations, Cupsey replied with a meme, while several crypto community members began questioning the responsibility of trading influencers in the Solana memecoin ecosystem.
⚠️ Lessons for Investors:
Don’t blindly follow the transactions of public wallets or crypto influencers. Buying activity visible on the blockchain doesn’t necessarily reflect the actual strategy.
Always do your own research (DYOR), and check holder distribution, liquidity, and wallet history before buying memecoins.
💬 Do you think trading influencers should be held responsible if their followers lose money through copy trading?
#Memecoin #CryptoNews
The Solana memecoin world is back in the spotlight after blockchain analytics platform Bubblemaps revealed alleged manipulation involving a trader named Cupsey.
According to Bubblemaps’ on-chain investigation, around 30 wallets are suspected of being connected to Cupsey and carrying out a strategy that disadvantaged copy traders.
🔍 How Did the Scheme Work?
Side wallets allegedly bought tokens early.
Cupsey’s public wallet then joined in, attracting the attention of copy traders.
Hidden wallets allegedly sold the tokens as demand increased.
The pattern is suspected to have generated around $1.74 million in profits from 3,000 tokens since early May 2026.
Bubblemaps also uncovered a suspected link to a token creator who had previously made around $1.3 million through rug-pull activity.
In response to the allegations, Cupsey replied with a meme, while several crypto community members began questioning the responsibility of trading influencers in the Solana memecoin ecosystem.
⚠️ Lessons for Investors:
Don’t blindly follow the transactions of public wallets or crypto influencers. Buying activity visible on the blockchain doesn’t necessarily reflect the actual strategy.
Always do your own research (DYOR), and check holder distribution, liquidity, and wallet history before buying memecoins.
💬 Do you think trading influencers should be held responsible if their followers lose money through copy trading?
#Memecoin #CryptoNews
