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
How We Made +$50M Sniping Shitcoins On DEXs

From August 2020 to mid-2021 we built a mempool-watching sniping stack that turned crypto ignorance into $50M+. We chased Uniswap and Polkastarter listings, optimized latency (North Virginia nodes), invented looped buy contracts, scaled to 200 nodes, then conquered BSC—printing millions before stepping back.

CBB/2 days ago

Introducing $RAVE: The Pulse Behind a Decentralized Cultural Movement

Born from global festivals, RaveDAO fuses music, technology, and community into a decentralized ecosystem. With $RAVE, culture gains its own economy—powering governance, rewards, and real-world impact across chapters, artists, and fans worldwide.

RaveDAO/3 days ago

You Are the Yield: The $8 Billion DeFi Time Bomb Thats Only Just Begun

A $93M collapse at Stream Finance has exposed DeFi’s darkest flaw — unregulated “curators” managing billions in opaque vaults. As greed replaces transparency and trust shifts from code to humans, DeFi’s $8B ecosystem faces a systemic reckoning.

Blockbeats/6 days ago

Tom Lees Ethereum Bet Falters as Corporate Crypto Dream Unwinds

Tom Lee’s Bitmine faces $1.3B in losses as Ethereum tumbles 30% from its peak, erasing months of corporate-fueled optimism. The firm’s “crypto balance sheet” experiment mirrors Bitcoin’s playbook but now tests whether institutional conviction can survive a bear market.

Bloomberg/2025.11.05

The Fed’s Liquidity Mirage: Why QT Isn’t Over and QE Isn’t Coming Yet

Many believe QE has started again, but the truth is more complex. QT continues until Dec 2025, the $50 B “injection” was a temporary repo loan, and history shows QE only begins after a true liquidity crisis. The cracks are forming—but the real storm hasn’t hit yet.

Doctor Profit/2025.11.04

Where Did FTX’s $138 Billion Go? The Shocking Math Behind the Bankruptcy

FTX wasn’t truly insolvent — it was mismanaged, misrepresented, and dismantled. Court documents show the estate could have repaid all users in 2022 and grown to $136 B in value. Instead, asset fire sales, legal fees, and flawed leadership burned over $120 B in potential wealth.

Lookonchain/2025.10.31Original