Thread by @Deebs_DeFi

This viral influencer said she made $3.4 million trading meme coins.

So I launched an investigation to find her wallet.

And I was disgusted by what I found. @sibeleth 🧵

I know what you're thinking: "Deebs found proof she is not a millionaire."

NOPE. I’m actually certain she is a millionaire.

What I found was far more concerning.

Allow me to explain. 👇

It all began 2 weeks ago, when I saw Sibel post a trade she made on X.

While there was nothing shocking about the trade itself, I realized it had tons of details.

Dates, times, amounts–everything I needed to find her wallet.

So I took these details to @flipsidecrypto

With a simple query and a few lines of code, I found Sibel's wallet.

Great! Mission complete?

Not quite. This was only the beginning of my search.

And I already had a lead on a second wallet.

Sibel posted an an address on her birthday where she asked for money to "buy a lambo".

While she deleted this tweet, I managed to find a screenshot of it from one of her followers.

With two wallets, I was ready to start my investigation.

Using on-chain analysis, I found a cluster of 10 wallets connected to Sibel.

And right about then, I noticed something strange...

Several of these wallets were transferring large sums ($500k+) to another wallet.

A wallet engaging in rather suspicious behavior.

This wallet was repeatedly dumping large amounts of one meme: $MANEKI

Even more odd, this wallet was connected to 3 other wallets that sold $7M worth of MANEKI.

And all 4 wallets were connected to a single source...

The source:

- A wallet that first received $200k MANEKI on 22 April.

- A wallet that sent it days later to an exchange to sell.

- A wallet that is now tied directly to our original cluster of Sibel wallets.

But why does this matter?

Who cares if Sibel sold a lot of MANEKI?

MANEKI holders will care.

Why?

Because Sibel urged her followers to buy MANEKI, claiming she was buying and holding in tweets from 22 April to 26 Sep.

Meanwhile, these wallets linked to her were selling clips of MANEKI in April, May, June, July, etc.

And the price...

Well the price plummeted. Falling over 70% in the same period.

Admittedly, I doubt Sibel alone is responsible for all the sell pressure.

Nevertheless, the facts are alarming. 👇

Facts:

2 known wallet addresses for Sibel (1 confirmed herself and 1 revealed by a tx) transferred over $500k to a wallet.

This wallet and 3 other connected wallets sent over $7M worth of MANEKI to exchanges to sell in the months from April to present day.

During the same time period, Sibel tweeted 7 times promoting MANEKI.

All wallets mentioned connected back to our original cluster of Sibil wallets (yellow).

It's important to consider Sibel has been accused of pumping and dumping in the past.

@zachxbt did call her out once, but this was without a formal investigation.

If this MANEKI dumping is true, it will be by far the worst of the allegations.

I believe Sibel's 160k followers and MANEKI holders deserve to know all the facts.

I implore Sibel to provide on chain evidence to explain the facts and connections I have laid out today.

What are your thoughts on this investigation?

Would you like to see more?

https://twitter.com/deebs_defi/status/1856709867899379753