Crypto:
32205
Bitcoin:
$88.057
% 2.55
BTC Dominance:
%59.4
% 0.58
Market Cap:
$2.92 T
% 1.15
Fear & Greed:
88 / 100
Bitcoin:
$ 88.057
BTC Dominance:
% 59.4
Market Cap:
$2.92 T

MrBeast Accused of Altcoin Manipulation: Suspicious Wallet Movements!

Mrbeast

MrBeast, who is known on YouTube with over 320 million subscribers, is also under heavy public criticism due to allegations in the crypto market. In addition to fake videos, problematic employees, and illegal lotteries, particular focus is on MrBeast’s crypto dealings. We detail the crypto events associated with MrBeast and the earnings he has obtained.

MrBeast and Crypto Wallets: Tracing the Mysterious Portfolio

Ekran Goruntusu 2024 10 30 210908

Researchers have reached over 50 crypto wallets allegedly belonging to MrBeast, finding strong evidence of insider trading. Preliminary findings suggest that MrBeast may have conducted “pump and dump” schemes that could mislead investors for multiple crypto tokens.

One of the most striking examples involves the crypto wallet “0x9e67D018488aD636B538e4158E9e7577F2ECac12,” where he made purchases of tokens like ERN (Ethernity Chain) and then achieved high returns.

MrBeast has reportedly made a large profit through Ethernity Chain (ERN), an NFT trading platform. It is claimed that MrBeast bought ERN tokens in the presale, then sold them after raising prices. In this process, revenue from a single wallet reached $4.65 million. He earned significant profits in 2021 by selling ERN tokens through three different sub-wallets.

Ekran Goruntusu 2024 10 30 211540

MrBeast’s brand was featured on the ERN website. MrBeast took a large amount of tokens from the ERN presale, then accumulated more tokens afterward. About half of the ERN tokens were transferred to the 0x2eB7 address, with the remainder sent to the 0x9b00 address. Shortly after, these two wallets sold their tokens, yielding a total return of $1,835,033. Five months later, MrBeast took the next token allocation and sold them on the market, earning $2,976,277. A few months later, he received a smaller token release and held onto it this time.

READ:  Bitcoin ETFs Face Outflow as BlackRock's IBIT and GBTC Lead the Decline

Ekran Goruntusu 2024 10 30 211851

2021-03-08: MrBeast’s main wallet 0x9e6 acquires 72k ERN tokens from the presale (then worth $458k).

2021-03-08: MrBeast purchases ERN totaling $128k in three transactions.

2021-05-03: MrBeast transfers 35k ERN tokens to sub-wallet 0x2eB7d3c6b31b70a480D4aF1BD8cD05c1b10d38d6 (worth $647k at the time).

2021-05-04: MrBeast’s 0x2eB7 wallet begins to liquidate all holdings within a day. This wallet earns a profit of $857,062 from the transaction.

Ekran Goruntusu 2024 10 30 211900

2021-05-04: MrBeast transfers 43k ERN tokens to sub-wallet 0x9b00 (then valued at $1.06 million).

2021-05-04: Similar to the 0x2eB7 wallet, MrBeast’s 0x9b00 wallet also sells all ERN assets within a day, making a profit of $977,971.5.

Ekran Goruntusu 2024 10 30 211909

2021-10-29: MrBeast’s main wallet is allocated 181.8k ERN tokens (worth $2.04 million at that time).

2021-10-30: MrBeast’s main wallet 0x9e6 sells all ERN holdings, generating $2,976,277.

2021-05-26: MrBeast’s main wallet 0x9e6 receives an allocation of 54.5k ERN tokens (worth $117.5k).

2024-10-18: MrBeast transfers assets to a new wallet (0x5ba), where they are currently held and have not yet been sold.

After deducting the initial purchases, MrBeast’s total net profit from three wallets is $4,649,337.96.

Insider Trading and Illegal Lottery Allegations

Allegations surrounding MrBeast’s crypto portfolio are not limited to insider trading. Illegal lotteries and “pump and dump” strategies are also among the claims. He is said to have actively traded on exchanges like Gemini and Binance, achieving high profit rates.

MrBeast’s Earnings from Crypto Investments

– SuperVerse (SUPER): $11.4 million

– Ethernity Chain (ERN): $4.65 million

– AIOZ Network (AIOZ): $1 million

– Refinable (FINE): $193k

– SHOPX (SHOPX): $484k

– XCAD Network (XCAD): $287k

– Jigstack (STAK): $1.31 million

READ:  Kamala Harris Backs Crypto, Vows to Keep U.S. Technological Dominance

– Protocol Monsters (PMON): $1.724 million

– Boson Protocol (BOSON): $614k

– Standard Protocol (STND): $131k

– Ally Direct (DRCT): $206k

– Ternoa (CAPS): $682k

– Metis (METIS): $659k

MrBeast also holds token projects he has not sold yet, including PlayMetaGods (MGOD) and MetaWars (WARS).

Rate this post

Leave a Reply

Your email address will not be published. Required fields are marked *