Insider Dump? “Base is for Everyone” Token Rugs in 5 Minutes

dethective

/2025.04.17 14:33:22

A token promoted on Base’s official page rugged within 5 minutes, netting an insider over $200K. On-chain analysis shows someone bought ~1.5 ETH of the token just 1 minute before the tweet, then dumped rapidly. Profits were traced to bandemic.base.eth. Nansens Candlestick Inspector helped identify the top seller.

A token created (and shilled) on the official page of Base just rugged in 5 minutes.

Base is for everyone. Especially if you are an insider and can profit 200k.

Let's break down what happened and who sold 👇

1/ The dump was triggered by an address that bought around 1.5 ETH worth of the token just one minute before the official tweet from the Base account.

Then it started selling nonstop.

2/ I used @nansen_ai’s Candlestick Inspector to track down the origin of the dump.

• Simply click on the candle
• Identify the top seller within that specific timeframe.
If you want access to the tool, you can join using my referral link — your support would mean a lot to my research.

https://nsn.ai/dethective

3/ Tracking the Money

The top gainer has already transferred a portion of the profit to an address with the domain name: bandemic.base.eth.

Address: 0x099246ca997acf47ada682c9c60f9ed0954ad960

Source # Base # InsiderTrading # RugPull

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