Blockchain tracking platform Bubblemaps revealed on X that a popular crypto trader named ‘Naseem’ made a massive profit from Trump Coin ($TRUMP).
The trade took place two hours before the official introduction, which added to the concerns of insider trading but Naseem denied it when asked.
We thought it was insider trading, but we decided to ask Naseem for his version. When contacted, @naseem denied any insider knowledge,” Bubblemaps tweeted. The platform mapped several wallets and found important links to Naseem.
The report unveils that after purchasing the $TRUMP tokens, it was sent from one wallet tagged “6QSc2” to another with the tag “FF.sol”. Thereafter, it was then distributed across to nine wallets.
One of them is 93Wb, which is the one that is tied to Naseem and has direct transactions with Split 6 and Split 9. Bubblemaps also figured out that 93Wb and Split 9 have a Binance deposit address in common, making it clear they are connected.
Naseem allegedly paid an $84,000 bribe to make sure his transaction was processed first. He bought $1.09 million worth of $TRUMP in the first second of trading.
This caused people to suspect that he had private information before the launch. However, Naseem further denied this, saying, “We spotted an official Meteora address interacting with the TRUMP-USDC pool a day before launch.” He claimed his team was just watching blockchain data closely and did not receive any secret information.
The platform also mentioned other possible players in the trade, including YX, Mostxche, Slippage, GrandFNF and BanditoDAO.
Meanwhile, Naseem is known for making big profits on memecoins before they explode. Bubblemaps shared his past trades, which include $HAWK ($1M), $LIBRA ($500K), $ENRON ($3.9M), and $SHROOM ($8M). His skill in spotting early opportunities has made him one of the most well-known crypto snipers.
As more aspects of this mystery are brought to the public, the main, but yet unanswered, question will be: Was Naseem genuinely in the right place at the right time, or was this all arranged? The crypto space is waiting for answers.
Naseem has not said anything concerning this as he has made his X account private. However, we will make sure to keep you updated.
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