So much easier to extract when you can just say one thing and continue dumping on your community.
How the @pumpdotfun team is scamming us again with fake $PUMP buybacks
Watch closely: the promised buybacks ≠ the buybacks we expected. Otherwise, why is the token dumping when it’s supposedly being “heavily bought”? Let’s break it down:
#pump Buy Back wallet:
🔹88uq8JNL6ANwmow1og7VQD4hte73Jpw8qsUP77BtF6iE
@wintermute_t wallet (market maker) executes heavy sells, flipping all that “green delta” into red
🔹MfDuWeqSHEqTFVYZ7LoexgAK9dxk7cy4DFJWjWMGVWa
So officially, the team is buying from one wallet, but unofficially—with the help of the MM—they’re selling right after the pump. Just yesterday, the team even dumped the tokens they had just repurchased
(I sold my position, basically exiting at break-even, and now I’m waiting for bigger volatility)
There’s also another wallet worth watching:
🔸8RwxXRMHhyrmrn6mK5EhLhrFfNrjdv3EF889BYjgyqu7 (@arkham )
It keeps selling into the highs, dragging the price and creating nice opportunities for short plays on futures
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