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From 1 to 109 million with the TRUMP meme: Insider trading or on-chain analysis?
By Daniele Corno
While millions are losing money on the Trump meme, someone is making a fortune out of it: Insider trading or top level on-chain analysis?
From $1 to $109 million with a single trade
According to reports from the on-chain analysis company Bubblemaps, the X account named “Naseem” is the one that cashed in over $109 million from a single trade on the Meme Coin Trump.
The research initially carried out by the well-known Youtuber “Coffezilla” reports that Naseem managed to make a “sniper” trade of $1.09 million, a few seconds after the launch of $Trump.
The trade, which started from the SOL account that begins with “6QSc2”, would have managed to buy TRUMP a few seconds after the launch, at the best available price. Subsequently, the same address sent the purchased Trumps to 9 new addresses from which it subsequently extracted profits of $109 million.
Below, the thread where you can find the entire chronology of events.
1/ How @naseem became the most profitable sniper on Solana, and made over $100M on $TRUMP
A thread with Coffeezilla 🧵 ↓ pic.twitter.com/0UZnJP4WhB
— Bubblemaps (@bubblemaps) February 18, 2025
Insider trading or on-chain analysis professionals?
Although, as can be seen in detail within the thread, the links are based on assumptions – however valid – the real question is whether this specific trade is feasible.
The main doubts concern a controversial coincidence linked to this specific trade:
- The trader paid $84,000 in fees to process his transaction as a priority.
- He tried to buy TRUMP 2 hours before the official announcement.
- He bought $1.09 million in the first second when the pair went live.
Three coincidences that, in no time at all, would suggest insider trading, although, quite rightly, Bubblemaps asked Naseem for his version.
In response, Naseem denied any accusation of insider trading, attaching screenshots of leaked information from the Meteora protocol, which shared trades on a liquidity pool TRUMP-USDC a day before the official launch.
In conclusion
Naseem is not an amateur trader, but an expert “sniper” trader with a proven track record of operations. Regardless of the nature of these earnings, whether it is insider trading or the highest levels of on-chain analysis, it is essential to understand the reality of this sector.
Speculation, manipulation and orchestrated movements of liquidity are the order of the day in this sector. This affects users who are unaware of these dynamics, who receive information last and do not have the tools to make accurate assessments.
It is therefore increasingly important to know how to protect yourself, to understand the real speculative dynamics of this sector and not to act as a free counterparty for these market operators.
