Investigation on the $ALT rug led by @cryptobeastreal......🧵/🖊️
An investigation into Altcoin (ALT) and why it dropped 85% in minutes:
A sophisticated group of snipers, or "rug pullers" has made over $2.2 million from ALT by buying early and selling slowly on the way up.
Roughly one month prior to the launch of the ALT token, a wallet identified by the address CFXWHVJ9GLAnioWDmVSpLR1q4QSVFecSZ4FBGxd7svKb dispersed a total of 83.3 SOL across six separate wallets.
The wallets in question:
Ht8zVGPmfpmessw4JSK1BN93Yxvef3VvFKjqNFvq4VTA
FFGL3KD3tJTNAu9F6T6U68kP3bCSFtxbn4Dx43sL15b5
sB26gjYKX1MyDSgqwpzaUBwQc956ebukEUuWJouHnPY
9Wm5pppbUDuJCS76s6R1ZctDTAXRDNpMRBScAcySEs5Q
BqLRoxZroXU6t2UFog2wBzGgw3M2PXzCgFBo5dENxdZV
8kpY8tm4aKiMUvSsYuuKNSdKqCajm2iYUH2MsM15BrWM
A pivotal incident took place on July 7, 2025, at approximately 10:30 UTC, roughly two hours after the launch of the ALT token. Within a 20 minute window, the group of wallets collectively acquired 3% of the token’s total supply, amounting to $13,633 in purchases.
In a token with such low liquidity, selling just 0.5% of the supply all at once could crash the price by 90% or possibly even more. So 3% of supply is huge.
Over the subsequent days, most notably on the final day, the group systematically liquidated their positions, culminating in the sale of tokens totaling approximately $2.2 million USD.
The proceeds from these sales were ultimately consolidated into a single destination wallet:
DpU472kGa8KBk9yte5uJbXXy9Scns44qmN5RzTdTjgPG
The observed activity indicates a high level of coordination and sophistication, consistent with a professional operation likely utilizing automated systems to target promising projects and extract liquidity from them. When they’re out of tokens, they make it look like it was “rugged" to prevent others from making a profit.
BELOW IS THE SPEECH GIVEN BY CRYPTO BEAST;
"I will continue monitoring his address and will let you know if anything else comes up over the next few days.
On the other side of the story, some people made 5–10x profits and thanked me in DMs. They sold on the way up, just like the snipers did.
This coin had so much potential, and if you bought it, you can’t deny that. I genuinely believed it could reach $500 million possibly even billions in the best-case scenario. What Murad did with SPX, I wanted to replicate with Altcoin.
We had some amazing calls over the past few months, including PENGU, TRUMP, SEI, and many others. I will no longer be promoting memecoins or any project that hasn’t been around for at least six months.
I didn’t delete my account because I “rugged,” like people are saying for engagement. I deleted it because I was ashamed that my call didn’t go as planned. I won’t officially come back to CT. Honestly, I’m tired of this space. It doesn’t bring anything good to the world. I sacrificed so much quality time with my family just to write good, enjoyable content."
What do you guys 💬🤔??
Did @cryptobeastreal rug?
Was this a planned rug??
Similar case happened with his previous shill (alphaofsol).
Let me know in the comments 👇
