On September 18, Bubblemaps, an on-chain data analytics agency, said that Tether co-founder Reeve Collins launched a new token yesterday. The top five traders in STBL trading volume were correlated and made more than 10 million dollars.
The survey revealed that the top five profitable traders in STBL received funding at exactly the same time, 1 year and 187 days ago. Tracking the funding sources revealed that the addresses were backed by a single funding source that received funding through Tornado Cash and then used a robot to borrow USDC from Venus Protocol, making a total profit of over $10 million.
Bubblemaps said there is currently no evidence that these traders are associated with the core team, and the bot group has previously extracted value from other tokens.
Data: Top 5 Traders in STBL Volume Correlated and Profiting Over $10 million
2025-09-18 02:21:03
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