Bubblemaps alleges Solana trader Cupseyy extracted $1.74M across 30 linked wallets
On-chain analytics platform Bubblemaps has accused prominent Solana trader Cupseyy of netting $1.74 million by using undisclosed side wallets to front-run and dump tokens on retail copy traders.
Solana memecoin trader Cupseyy extracted roughly $1.74 million in profits using a network of 30 connected wallets over several months, according to an investigation published by on-chain intelligence firm Bubblemaps. The findings, reported by SolanaFloor and crypto commentator jussy, allege that the trader orchestrated an elaborate scheme to exploit copy traders following his public activity.[1][2][3]
According to the investigation, the trading network engaged in a consistent pattern: covert side wallets accumulated tokens first, after which Cupseyy made purchases using his public Pump.fun wallets. Once copy traders piled in to follow the public wallet moves, the hidden side wallets dumped their positions into the incoming liquidity. Since May 7, the linked cluster reportedly traded more than 27,000 tokens, with approximately 3,000 executed through the side wallet arrangement. An annotated chart of $PACK/SOL showed side wallets offloading batches of 10 SOL, 109 SOL, and 11 SOL around public transactions.[2][3]
Bubblemaps also linked Cupseyy on-chain to serial token deployer 3z4vj, who allegedly earned $1.3 million by launching and rugging thousands of tokens, including the $CUPSEY token. An additional $331,000 was tied to callout rewards. Cupseyy, whose profile shows over 234,000 followers, had not publicly responded to the allegations at the time of reporting.[2][3]
Key facts
- Bubblemaps published an investigation alleging Solana trader Cupseyy made $1.74 million using a network of 30 connected wallets.
- The alleged strategy involved side wallets buying tokens first, public Pump.fun wallets buying to lure copy traders, and side wallets dumping into the resulting demand.
- The wallet cluster traded more than 27,000 tokens since May 7, including roughly 3,000 tokens through the side wallet scheme.
- Bubblemaps connected Cupseyy to serial deployer 3z4vj, who allegedly generated $1.3 million launching and rugging tokens such as $CUPSEY.
- An estimated $331,000 was generated from token callout rewards.
- Cupseyy had not publicly responded to the allegations at the time of the reports.
Sources · 3 sources
- CB
Crypto BriefingArticle ·
Bubblemaps alleges Solana trader Cupsey pulled $1.74 million through 30 linked wallets The allegations highlight the risks of copy trading and underscore the need for transparency in crypto transactions to protect retail investors. The post Bubblemaps alleges Solana trader Cupsey pulled $1.74 million through 30 linked wallets appeared first on Crypto Briefing .
Open source - JU
jussy@jussy_worldPost on X ·
TLDR on the Bubblemaps investigation into @Cupseyy, one of the biggest traders on Solana: - They found 30 wallets linked to his public PumpFun wallets - Since May 7, those wallets traded 27,000+ tokens, 3,000 of them through a side wallet scheme - The pattern they show: side wallets buy first, Cupsey buys publicly, copy traders pile in, side wallets dump - They also link him onchain to a serial deployer who launched and rugged thousands of tokens, including $CUPSEY Their numbers: $1.74M made by the side wallets, $1.3M by the deployer, $331K in callout rewards Cupsey hasn't responded yet Still copy trading KOLs?
Open source - SO
SolanaFloor@SolanaFloorPost on X ·
NEW: @Bubblemaps has published an investigation into Solana trader @Cupseyy, alleging he extracted $1.74M through a network of 30 connected wallets in just a few months. The operation allegedly involved buying tokens, attracting copy traders through public wallet purchases, and dumping holdings through side wallets. Bubblemaps also linked Cupsey to serial token deployer 3z4vj, whose launches allegedly generated another $1.3M in trading profits.
Open source