In the last few days, you might have seen a lot of people claiming they’ve been drained.
While it’s always bad when someone gets drained, I don’t think they deserve this much compassion.
Why? Let’s take a look at how they got their money in the first place.
1/ The classic pump and dump account
This specific account that lost 25k it's the classic account I will avoid
• Constantly farming engagement
• Tg channel in bio
• Countless shill and promo
2/ 25 deleted CAs
Using @frontrunpro (invite at the end) I saw that he deleted 16 CA only in a couple of months?
Let's see how those tokens performed
3/ Token shilled
This is just the first 4 tokens I checked.
• Max mc reached ~100k before dump
• Around 30k average MC
• All bundled and dump after tweet/tg call
Still sad for him?
4/ The drain
I won't say the drain it's fake because I wasn't able to prove it.
The wallet he posted has:
• 2-3 drains of the same style (but they can also be faked, they are just transfers)
• After the tweet it cashed out on Fixedfloat/Changenow and sent money to trade some memecoin
5/ Conclusion
The drain might actually be real.
We can't prove the opposite.
I am not even saying he "deserved" to lose the money because it was all coming from pump and dump on tg channel.
The issue that I see is that this post gave him A LOT of visibility and new followers.
The drain might be true? Yes.
Should you stay away from account like this? Also yes.
6/ Invites
If you want I have some codes for @frontrunpro
I am not paid, it's just a tool I am using and they gave me some invites.
I am not getting any money from this and you won't get it either by using my code. So please do it just if you need it.
I spent the last 3 days building a tool that snipes all the new markets on Polymarket.
The idea: when a new market launches, there’s a brief price discovery window where you can make some profit.
The results of my experiment here 🧵
1/ The strategy
My idea was quite simple:
• A new market appeared with an empty orderbook
• The program places a Yes order (and a No order) at the lowest possible price
• If someone takes the order I would end up with a profitable position
2/ Real example
With my tool I managed to snipe the market about Trump’s endorsement for NYC Mayor.
I bought Yes at a really low price thanks to this.
The sharpest among you have already spotted the problem.
• Made 2M profit on $MLG
• Lost money on $LIBRA
• Part of a network of wallets that bought before the promotion
Just a coincidence? Details in this thread 🧵
1/ A suspicious wallet
We know the streamer promoted $MLG and was aware of $LIBRA, likely getting scammed by Hayden Davis.
This wallet follows the exact same pattern:
• Bought a dead token before the stream
• Set up a Raydium LP
• Bought $LIBRA using an algo, ending in a loss
But there’s more than one address, more of a network
2/ The network of addresses
I followed the money and noticed that some wallets, with strong connections between them, bought a lot of the supply before the pump.
There are 3 main actors:
• Supply control wallet
• Libra related wallet
• Big buyer wallet
I found the Hyperliquid account where James Wynn was constantly counter-trading against himself.
• Long BTC on one side
• Short BTC on the other
We always suspected it, now I have the proof 🧵
1/ How did I find the wallet?
• I noticed James received $44k from referrals.
• $16k came from a single wallet.
• That wallet did $1B in volume.
• The wallet was registered before James started sharing the referral.
Coincidence?
2/ Deep dive into trades
The two wallets trade almost the exact same set of tokens.