Blockchain

A Wallet Three Hours Old Minted Kimchi's Coin and Routed Every Fee to One Address

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 21/10/2026, 23:12:26 UTC.

Briefings

A wallet holding a three-hour-old Kimchi token minted on Pump.fun was identified as the sole recipient of all creator fees. The deployer purchased 79% of the supply at approximately $9,300 and established a permanent, unchangeable address to route every fee. This unique mechanism suggests a deliberate strategy to maximize fee collection, potentially indicating a high-value transaction or a specific protocol design choice.

Key points

• The wallet holding a three-hour-old Kimchi token minted on Pump.fun was identified as the sole recipient of all creator fees.
• The deployer purchased 79% of the supply at approximately $9,300 and established a permanent, unchangeable address to route every fee.

Context

This finding highlights an unusual fee distribution mechanism on Pump.fun, where a single wallet controls all creator fee routing. Such behavior often indicates a high-value transaction or a specific protocol design choice to maximize fee collection.

Limitations

Evidence is limited to a single wallet holding a three-hour-old token. The specific transaction date, the exact amount of fees collected, and the identity of the deployer remain unknown. The evidence does not confirm the wallet's intent or the long-term impact of this fee routing strategy.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 21/10/2026, 23:13:11 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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