UPDATED SUN 11 OCT · 07:32 UTCLIVE
SecurityHigh

Crypto Influencer Front-Running & Trader Losses

Pump.fun influencer Ethan allegedly made $125K front-running 49 token callouts per Bubblemaps; separately, traders are down $30M in cumulative losses over 24 hours.

What we know

An account on X reports Bubblemaps' analysis showing another account on X bought via linked wallets before each of 49 callouts and sold shortly after, netting ~$125K. In parallel, another account on X tracks aggregate trader losses now at $30M (up from $17M the day prior). Another account on X notes callout payouts for micro caps have been nerfed, and another account on X laments retail wasting its early-mover edge on memes and leverage.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.