$1.65M Solana Trader Actively Scalping $TRUMP on Meteora
On-chain tracking on wallet EdPz...9uDK reveals how smart money is trading $TRUMP volatility:
Portfolio Breakdown: The wallet holds $1.65M total, sitting heavily in 1.08M USDC (65%) with an active position of 222.9K TRUMP ($568.5K).
Meteora DLMM Scalping: Over the past 3 hours, this entity has traded dozens of $60K–$130K tranches on Meteora, buying dips at $2.47 and distributing into liquidity up to $2.58.
Active Position: Just absorbed 48.6K $TRUMP ($125.5K) 8 minutes ago as price consolidated around $2.55.
A classic playbook: holding a massive $1M+ USDC cash buffer while actively farming and scalping DEX volatility on the token.
$AKE On-Chain Update: $8.15M Moves Privately as Price Recovers to $0.0087
We are tracking the fallout from the massive $AKE token unlock, and the tape is showing some relief for spot holders:
The Whale Shuffle (2h ago): Nearly 1 Billion AKE (worth over $8.15M) moved between private wallets at a valuation of $0.0086.
Low CEX Dumping: Despite the massive on-chain volume, only 13.21M tokens ($115K) actually hit Gate's hot wallets 45 minutes ago.
Price Reaction: Because whales are handling this volume OTC or via cold storage rather than dumping on the books, $AKE has recovered from $0.0086 back to $0.00873.
After falling from $0.225, $FARTCOIN found buyers around $0.168–$0.170 and bounced back toward $0.176.
The interesting part is the flow: more than 8.29M $FARTCOIN (~$1.4M) moved into Gate hot wallets around the lows, including a 902K-token transfer from Wintermute.
Despite that supply hitting the market, price held the demand zone instead of breaking down.
For now, $0.168–$0.170 is the level to watch. Holding above it keeps the recovery structure alive, with $0.19–$0.20 as the next area of interest.
$MAGMA pushed from around $0.24 → $0.35 before getting rejected and pulling back toward $0.29.
The current heatmap shows:
$0.30–$0.32: heavy liquidity overhead major resistance. $0.28: immediate support and the area buyers are defending now. $0.26–$0.24: stronger liquidity stacked below if $0.28 fails.
For now, $0.28 is the level I’m watching. Hold it and $MAGMA can attempt another move toward $0.30+. Lose it, and the lower liquidity zones come into play.
Why $H Is Getting Hit Before the Next Major Unlock!
H broke down from $0.0839 to tag a $0.050 flush wick ahead of its upcoming unlock.
The August 25 Dilution: In 2 days, 266.47M $H ($19.88M) unlocks into circulation an immediate +7.92% supply expansion.
Traders sold aggressively to get ahead of the dilution, forcing KuCoin to unlock 60M tokens ($4.5M) 4h ago to feed order book demand.
Right after the dump to $0.070, KuCoin swept 70M $H ($4.93M) out of hot reserves straight back into Cold Wallets & Vaults.
Whales dumped early to beat the unlock, and exchanges are now locking excess float back into cold custody. High volatility expected leading into August 25.
POL surged from $0.085 to $0.123 and is currently building a strong base at $0.11045.
The on-chain flows show clear institutional accumulation:
The $917K Whale Sweep (27m ago): A buyer combined 1.557M POL from Binance with 6.717M $POL from a private wallet, routing all 8.2M POL ($917.5K) into cold wallet 0x54Ea... at $0.1119.
Upbit 12M Dispersion (1h ago): Upbit transferred 12M POL ($1.32M) out of hot reserves, splitting it into 4 equal 2.4M batches.
Bybit Outflow: Another 3M $POL ($330K) was withdrawn to OpenSea entity "p8ng".
Over $2.5M in exchange liquidity moved off hot books in the last hour while price holds the $0.110 support floor.
$LIT pushed into the $3.28 area and is now cooling around $3.17. The heatmap shows liquidity stacked below, with the strongest zones around $3.00–$3.05 and deeper support near $2.80.
I've been digging into some insane on-chain activity surrounding $SAND on the Base network, and the numbers are completely broken.
We might be looking at a massive token mint exploit and liquidity drain.
SAND is supposed to have a hard-capped max supply of 3 Billion tokens.
However, on-chain data is showing single-transaction transfers of 15.9 Billion and even 25.2 Billion $SAND on Base.
Someone found a smart contract vulnerability and printed an infinite supply.
The exploiter didn't just mint; they aggressively attacked the liquidity pools.
We are seeing high-frequency swaps using custom routers (vfat, Sickle) and heavy aggregator routing through Aerodrome, Kyber Network, and Uniswap. They are extracting every ounce of available exit liquidity on the L2.
The Escape Route: How are they getting the funds out?
The most critical transaction caught on radar is 25.27 Billion SAND ($1.2B nominal value) being routed to a deBridge Finance contract.
They are actively attempting to bridge the stolen value off Base to launder the funds before their addresses can be blacklisted.
There is also some strange secondary activity, including 52M tokens sent to a Null Address (likely a burn function in their script) and heavy Binance Hot/Cold wallet movements reacting to the market chaos.
If you are providing liquidity for $SAND on Base, check your exposure immediately. Stay safe, I'll keep monitoring the chain.