Lookonchain APP

App Store

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

Relevant content
The Ultimate Q4 2025 Airdrop Farming Guide

Missed $ASTER, $XPL, or $APEX? Don’t worry—an airdrop renaissance is here. This guide breaks down the top 5 projects to farm, strategies to maximise points, and a system to spot future airdrops before the crowd.

Miles Deutscher/2 days ago

Bitcoin on Track for 90–94K: Desperation, Liquidity Traps, and Market Stress

BTC has already dropped 10% since the short call, targeting 106K in the near term before pushing towards 90–94K. Despite bullish distractions, markets show signs of stress—retail euphoria, insider selling, and global economic strain point to deeper downside.

Doctor Profit/3 days ago

BTC Sunday Update: Support Holding, Liquidity Risks, and Altcoin Setups

BTC is holding strong support, with R:R favoring longs unless $98K (1W50EMA) gets retested. Liquidations lean upside, with $106.9K a key liquidity zone. Sentiment is bearish, but setup favors recovery. Watching alts like $ASTER, $XPL, $APEX, $AVNT.

CrypNuevo/3 days ago

BTC Q4 Outlook: Cycle Tops, Key Levels, and Whats Next

BTC is approaching a pivotal Q4. Price action near EMA200/MA200 could set the stage for another leg higher, with targets at $117.5K–$125K. No cycle top yet, but history shows major moves often land in Oct–Dec. Watch $112K–$118.8K as critical levels.

Honey/3 days ago

4 Reasons Why the Crypto Market Is Dumping Hard This Week

The current crypto market dump is driven by the quarterly $23 billion options expiry, rising US government shutdown risks, and the mass liquidation of excessive retail leverage. Ultimately, this downturn is viewed as a strategic whale setup designed to panic-sell retail holdings before the anticipated Q4 rally begins.

Ash Crypto/7 days ago

The Flawed Ethereum Thesis: Why Tom Lees Bull Case Falls Apart

This article dismantles Tom Lees bullish thesis on Ethereum ($ETH), arguing he fundamentally misunderstands value accrual. Despite soaring RWA activity, network fees are flat due to competition and efficiency. The analysis concludes that ETH technicals are bearish, predicting indefinite underperformance.

Andrew Kang/2025.09.25