Bubblemaps Flags Mystery Over 90-Wallet Launch Sniping Cluster

Cointelegraph Staff

(12:51 PM UTC)

1 min read

Blockchain analytics platform Bubblemaps said 90 newly funded wallets bought 90% of Mystery (MYSTERY) memecoin supply at launch, raising concerns about coordinated sniping.

The wallets were all funded by wallet "0x544E," which previously withdrew and distributed 20 Ether from crypto exchange Binance. After buying up 90% of the supply at launch, the wallet cluster sold about $100,000 worth of…

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