Blockchain analytics firm Bubblemaps alleges crypto influencer Ethan profited ~$125K through coordinated token promotions using linked wallets to front-run his own callouts.
Ecosystem ·
Blockchain analytics platform Bubblemaps has alleged that a Pump fun influencer known as Ethan (@0xEthan) engaged in coordinated trading through multiple linked wallets, purchasing tokens before publicly promoting them and then liquidating positions shortly after. Across 49 token promotions tracked in the analysis, these suspected linked wallets reportedly acquired holdings ahead of his posts and began exiting trades within roughly three minutes of his initial callout—in some cases continuing to sell even as Ethan maintained public endorsement of the same assets.
The analytics firm estimated combined financial gains at approximately $125,000, broken down as $45,000 from trading activity and $80,000 attributed to callout rewards. However, Bubblemaps cautioned that these figures and wallet linkages remain unverified third-party estimates and have not undergone independent confirmation. The allegations point to a pattern consistent with front-running one's own promotional activity, though no regulatory findings or response from Ethan have been reported.