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A whale just pulled off a textbook pump-and-dump on $POLYN using coordinated tactics. The operation kicked off with 10k SOL staked for a Solana fast node to secure early snipes, with initial buys hitting 5-10k range. A bot then entered around 4-6k, likely tied to the dev team, which triggered the momentum.
From there, it was a straight blast to 17k. The whale rotated through multiple wallets—all appearing legitimate on chain—continuously cycling buys and sells to maintain artificial demand. The strategy kept churning until retail buying pressure dried up completely. Classic multi-wallet layering: one account pumps the narrative, phantom wallets create fake volume, and the exit happens through clean-looking transfers that mask the true origin of the capital.
This kind of coordinated entry, bot amplification, and exit-through-rotation is becoming harder to spot without close on-chain surveillance. The wallets themselves show activity patterns designed to blend in, but the trading sequence tells the real story.