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Bubblemaps Alleges Influencer Made $125,000 Front-Running Token Callouts
Onchain analytics platform Bubblemaps has published an investigation into crypto influencer 0xEthan on pump.fun. The report alleges that wallets associated with the influencer bought tokens before publicly promoting them to followers. Bubblemaps estimates that 0xEthan generated approximately $125,000 across 49 token callouts. According to the findings, the associated wallets began selling tokens about three minutes after promotions went live. The total estimated profit includes around $45,000 from direct trading and $80,000 from promotion callout rewards. The investigation originated from a tip provided by a user named bandosei before gaining broader media coverage. Bubblemaps described this pattern of pre-call purchases and quick sales as an ongoing extraction scheme.