Baptoshi.base.eth🍇

The people at @bubblemaps didn’t just launch a token with massive insider allocations and highly concentrated supply. They also seem remarkably thin-skinned when you ask questions and expect transparency about their own project. solana:FQgtfugBdpFN7PZ6NdPrZpVLDBrPGxXesi4gVu3vErhY is down more than 91% from its ATH and And roughly 56% below its launch price. One vesting recipient alone sold 3,854,030 BMT through 93 transactions for 88,043 USDC, leaving 0 BMT. Meanwhile, the 20 largest Solana token accounts held roughly 87% of the supply on that chain when checked. ""Investors"" received an allocation of 193.47 million BMT and the team another 90 million, together 28.35% of the total supply. Only 25.6% was circulating at launch. mastrtrade.com/?t=FQgtfugBdp… Their Binance arrangement deserves attention too. Their own documentation says they sold 4% of the supply to the Binance Wallet community to initiate a collaboration that later helped secure their Binance listing. Another 3% was allocated to Binance HODLer Airdrops and 3% to Binance Marketing. That is 100 million BMT across Binance-related allocations. The 4% was sold to participants, rather than gifted to Binance. What they explicitly acknowledge is using token distribution to build a relationship with an exchange I consider one of crypto’s biggest problems. A business built around exposing questionable token structures was perfectly comfortable participating in that machinery itself. wiki.bubblemaps.io/bmt/token… Now look at the documented selling. This wallet received 3,854,030.135459533 BMT through 8 vesting distributions between August 10 and October 28, 2026, then sold the entire amount through 93 transactions for 88,043.148556 USDC: FLNrnojnDRcHCbSdSxPLSg8AkttfzK6zoKpaswdx4zrh solscan.io/account/FLNrnojnD… No BMT purchases appeared in the retrieved wallet and token-account history. Every BMT inflow came from the officially published vesting operator: solscan.io/account/8XygGv7qQ… The first distribution contained 3,121,455.118312757 BMT. Selling started 38 seconds later. On August 10 alone, the wallet sold 2.3 million BMT through 75 transactions for 56,047.142578 USDC. By August 12, that entire initial distribution had been sold through 82 transactions for 70,809.126572 USDC. Initial distribution: solscan.io/tx/2Kw2AyAf5LTYxy… First sale: solscan.io/tx/To9bUMnfmkQ6HZ… On October 28, another 55,614.711934156 BMT arrived. Just 14 seconds later, the entire distribution was sold for 1,608.789614 USDC. Distribution: solscan.io/tx/JPApjdYuXtYLzo… Sale: solscan.io/tx/32U4zfierjUMPN… There is also a separate exchange-transfer trail. The official ecosystem claim wallet sent 882,869.852084856 BMT into a route that subsequently reached Gate. Another vesting recipient forwarded 5 million BMT into the same route. Across the selected October 24–28 transfers, 12,047,629.067104001 BMT entered Gate and 5,567,375.394400000 returned. The net movement toward the exchange was 6,480,253.672704001 BMT. Ecosystem transfer: solscan.io/tx/3DMr9ftjNSBCCz… 5 million BMT recipient: solscan.io/account/EgoEdPE2f… Onward transfer to Gate: solscan.io/tx/szzHE3ybt7cTNz… I still haven’t seen a convincing explanation for why an established analytics business needed a tradable token beyond the financial opportunity it created. With these allocations, these documented sales and a collapse exceeding 91% from ATH, explaining who received the tokens and why project-linked funds reached exchanges should be basic accountability. If you build your reputation demanding transparency from everyone else, getting defensive when the scrutiny reaches your own token is a pretty fucking poor response. And to pour a little more fuel on the fire: Bubblemaps is arguably one of the least informative tools if all you do is stare at the bubbles. A visual connection tells you very little without investigating the transactions behind it and accounting for presales, vesting, exchange activity and liquidity infrastructure. Connected wallets do not automatically mean common ownership or coordinated dumping. Without that context, you’re looking at a diagram and inventing a story around it. You can check solana:FQgtfugBdpFN7PZ6NdPrZpVLDBrPGxXesi4gVu3vErhY with useful tools here; mastrtrade.com/?t=FQgtfugBdp…