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

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 2026 Rotation Playbook: How 100 Still Happens in Crypto

100 gains didn’t disappear—they changed form. In a hyper-diluted market, winners stack gains by rotating early between narratives, not holding forever. This playbook explains how to spot rotations, size positions, take profits, and compound phases in 2026.

cyclop/3 days ago

Rotations Narratives Liquidity Positioning Compounding

Seven Trading Lessons That Turned Pain Into Process

A veteran trader distills seven hard-earned lessons that prevent blown accounts and emotional spirals. From market context and risk control to playbooks, journaling, and process-first thinking, this guide shows how consistency—not signals—builds long-term trading edge.

Morin/4 days ago

Risk Process Discipline Journaling Context

Draining the Bots: How a Trader Made $233K Exploiting Polymarket’s Thin Liquidity

A trader pulled off a $233K overnight play on Polymarket by exploiting thin weekend liquidity. By baiting market-making bots in 15-minute markets and briefly nudging spot price, he forced mispricing and cashed out risk-efficiently.

PredictTrader/6 days ago

Polymarket Arbitrage Liquidity Bots Manipulation

BNB Chain at a Crossroads: From Retail Liquidity to Institutional Coexistence in 2026

After years as a retail trading hub, BNB Chain is evolving into a rare ecosystem where retail users, institutions, and builders coexist. With RWAs, stablecoins, and real yield products expanding, 2026 positions BNB Chain as a key bridge between TradFi and crypto.

Biteye/2026.01.15

BNBChain Retail Liquidity RWA

Who Really Paid for This Bull Market? Bitcoin’s Shift from Crypto Cycles to Wall Street Plumbing

This article dissects why Bitcoin’s latest bull cycle felt muted despite historic adoption. As ETFs, DATs, miners, and institutions reshaped liquidity, volatility collapsed, retail faded, and crypto-native capital sold into strength—marking BTC’s transition into a fully financialized asset.

DoveyWan/2026.01.14

Bitcoin Institutional Adoption Liquidity ETFs Financialization

Inside a Polymarket Bot: How Mechanical Hedging Locks in Risk-Free Profit

This article breaks down how a Polymarket bot exploits short-term mispricings without predicting direction. By asymmetrically buying YES and NO and keeping their combined cost below $1, traders can mathematically lock in profit on Polymarket—pure structure, no luck.

Jayden/2026.01.13

Polymarket Arbitrage Hedging Automation Probability