Bubblemaps: 80% of the CHUMP Token Supply on the Robinhood Chain Is Linked to a Single Entity Cluster

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On September 2, Bubblemaps cited on-chain data from ChainThink showing that 80% of the CHUMP token supply on the Robinhood Chain is likely controlled by a single entity cluster. Around August 8, over 75 newly created wallets with no prior transaction history received nearly identical SOL deposits and purchased 80% of the token supply. On-chain analysis revealed that several wallets made purchases minutes before the token surged 66-fold. The cluster attempted to obscure its funds via Uniswap using additional newly created wallets, all initially funded through Relay 25 days earlier. The identity of the controlling party remains unknown, but similar funding patterns and operational behavior raised red flags among users.

ChainThink reports that on September 2, according to Bubblemaps monitoring, approximately 80% of the supply of the Trump-themed meme token CHUMP on Robinhood Chain appears to be controlled by a cluster of related addresses associated with the same entity.

Before the token's surge, over 75 newly created wallets received nearly equal amounts of SOL between August 8 and nearby dates—wallets with no prior transaction history. Together, these wallets purchased approximately 80% of the total supply, with multiple wallets buying in succession within minutes, followed by a 66x price increase.

Bubblemaps indicates that this address cluster attempted to obscure the source of funds by selling through another batch of newly created wallets on Uniswap, with all related wallets initially funded via Relay approximately 25 days ago.

The controller is currently unclear, but the funding patterns and operational characteristics are highly similar—please remain vigilant.

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