On April 1st, COINOTAG News reported on the anticipated Initial DEX Offering (IDO) of a new cryptocurrency, PUMP (PumpBTC), via the Binance Wallet. Analysis from monitoring platform ai_9684xtpa revealed that the leading three multi-signature wallets holding PUMP comprise a notable address, 0xeCc…2aa9E, which currently controls 50 million PUMP tokens. Notably, this address has previously acquired similar amounts of KILO, PARTI, and BR in the past week, all coinciding with prior IDOs.
Further scrutiny of the Binance IDO deployment contract identified the address 0xe0C…8fB86. It is of particular interest as it appears set to execute a sequence of operations, such as updating signer addresses and transferring ownership, upon receiving tokens linked to the aforementioned multi-signature wallet. These observations suggest a well-coordinated process within the IDO framework, indicative of Binance’s strategic approach to new launches.