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CExhibit 017fictional composite
Rug Museum/Exhibit 017

$GRAVY: the 40-minute ladder

A bundled launch walked up in a straight line, then dumped by the dev and bundle wallets together.

$0$400K$800K$1.2M0m20m40m60m31% bundled at launchdev wallet sells 18% here−94% in one candle

This exhibit is a composite. The coin is invented, but every step is a pattern seen again and again.

What happened

The dev funded six fresh wallets from one address about ten minutes before launch. All six bought in the launch block, together with the dev's own buy. On the holders tab they looked like six separate early buyers, each with around 5%.

For the next forty minutes, the chart climbed in steps. Every time it dipped, a new buy appeared and pushed it back up. To anyone watching the 1-second chart, it looked like unstoppable demand.

At $1.1M market cap, the dev wallet sold its 18% and the six bundle wallets sold within the same few seconds. There was not enough liquidity to absorb it. The price fell 94% in one candle.

What was visible before the dump

  • Launch block share. Terminals showed about 36% of supply bought in the first block.
  • Same funding. Clicking any two of the six wallets showed the same funding address.
  • No red candles. Real demand has pullbacks. A ladder with none is being managed.

The tell, in one line

If the holders tab says "many small holders" but the funding trail says "one person", believe the funding trail.

Lesson: check the holder chart for wallets funded from the same source before you buy.

Notes in the margin

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