Case #003 $INUSTABLE · Solana · Token-2022 Published 2026-09-30

66.75% at launch. Split 13 ways. Sold in seven minutes.

The wallet that created $INUSTABLE on pump.fun bought 66.75% of supply inside the create transaction. It sold 8.34% within 44 seconds, then moved 58.41% to a distributor wallet by plain token transfer. The distributor split it across 13 wallets in one slot, and those 13 sold everything within 6 min 39 s for 106.04 SOL. Net to the group: +71.13 SOL. At 13:19 UTC, 14 minutes after the last of those sells, the creator wallet bought back 0.39% and posted a public call for the token on pump.fun. The same funder, the same distributor and the same 13 wallets did this with three earlier tokens on 23 and 28 Sep.

Token mintGAcNBm6iE2MZdqGhyu7Wb1wTDm8esU2BMQk2bX1ipump

Creator wallet5T7s7b2K5uXzRMwvGJhCx8sANTUbtUQhodSKewk5aDPz

Data as of2026-09-30 14:45 UTC

SOL / USD118.74

Read the findings Download evidence.json

§00 · Executive summary

What the chain shows

Create-transaction buy

66.75%

of supply (667.50M) bought by the creator wallet for 50.01 SOL in the transaction that created the token. No other successful transaction on this mint landed in that slot.

Moved off-market

58.41%

sent by the creator to HS6sk6… with no SOL in return, then split into 13 × 4.49% in a single slot.

Sold by the 13

106.04SOL

35 sells between 12:58:25 and 13:05:04 UTC. Plus 16.10 SOL from the creator's own sells in the first 44 s.

Net to the group

+71.13SOL

122.14 SOL received minus 51.01 SOL spent. ≈ $8,446. The creator wallet held 0.39% at our cut-off, bought back before its call.

01
Two-thirds in the createThe creator wallet bought 66.75% for 50.01 SOL in the create transaction, 18 minutes after 53UtTJ… sent it 64.09 SOL.
Evidence →
02
Sold, then movedThree sells of 8.34% for 16.10 SOL in 44 s. Then 58.41% went to HS6sk6… by token transfer, with no SOL leg.
Evidence →
03
13 wallets, one slotHS6sk6… had topped up 13 wallets with 0.0769 SOL each 22 minutes before launch. 29 s after receiving the tokens it sent each of them the same 4.49%.
Evidence →
04
Sold in 6 min 39 sThe 13 wallets sold all 58.41% in 35 sells for 106.04 SOL. None of them ever bought the token.
Evidence →
05
Buy back, then callAt 13:19:09 the creator wallet bought 0.39% for 1.00 SOL. 36 s later a pump.fun account whose profile wallet is the creator wallet posted a call for the token.
Evidence →
06
Fourth time in eight days53UtTJ… created three tokens on 23 and 28 Sep and sent the supply to HS6sk6…, which split it across the same 13 wallets. On 28 Sep, HS6sk6… passed 124.58 SOL back to 53UtTJ….
Evidence →

ReadingOn the chart this looked like an ordinary launch: one creator buy, then trading. On-chain, the creator wallet held two-thirds of supply from the first second, and more than half of it reached the market through 13 wallets that received it by transfer and never bought. A same-slot bundle check sees nothing here (§08). Every step below links to a transaction you can open yourself. Whether one person controls all of these addresses is a question for them (§09).

§01 · Timeline

Four launches, one distributor

All times UTC. $INUSTABLE slot 0 = 451,970,800 (2026-09-30 12:55:49). A Solana slot is about 400 ms.

2026-09-23 12:30:4453UtTJ… receives 38.93 SOL from hot wallet 5tzFki…. 3U5aXN29…w8Hee5
12:44:25 → 12:45:3853UtTJ… creates $PEPCAT and buys 58.93%, sends it all to HS6sk6…, which splits it across the 13 wallets in one slot. 4nQsTG1o…tQ7xZ8 Finding 06
13:10:27 · one slotAll 13 wallets send SOL to HS6sk6…: 92.64 SOL.
13:23:40–17:00:09Sixteen pump.fun accounts post calls for $PEPCAT. §07
2026-09-28 20:26:03 → 20:30:3253UtTJ… creates meme/acc #1 (60.99%), sells 15.25%, routes 45.74% via HS6sk6… to 6 of the 13, who sell it for 59.48 SOL. 4kcQV6Ej…WxfR64
20:38:18 → 20:42:58meme/acc #2: 60.99% via HS6sk6… to the other 7, sold for 68.11 SOL. pFT4EX1E…s8rL5Q
20:48:23 → 20:49:1213 wallets send SOL to HS6sk6…; HS6sk6… sends 124.58 SOL to 53UtTJ…. 3LXUcCrH…UWcK6r
2026-09-30 12:33:43HS6sk6… sends 0.0769 SOL to each of the 13 wallets. Finding 03
12:37:1953UtTJ… sends 64.09 SOL to 5T7s7b…. 4rHiPFF9…dS2xjH
12:55:49 · slot 05T7s7b… creates $INUSTABLE and buys 66.75% for 50.01 SOL. RZY7EFTM…uMp8Mj Finding 01
12:56:13–12:56:33Creator sells 8.34% for 16.10 SOL. Finding 02
12:57:04 · +75 sCreator transfers 58.41% to HS6sk6…. 3TSoya6c…yXJTkU
12:57:33 · +104 sHS6sk6… sends 4.49% to each of the 13 wallets, one slot.
12:58:25–13:05:04The 13 sell everything: 35 sells, 106.04 SOL. Finding 04
12:58:58–13:03:5017 other wallets buy 23.32% for 42.79 SOL. §07
13:19:09 → 13:19:45Creator buys back 0.39%; 36 s later its pump.fun account posts a call. Finding 05
13:24:46–14:11:50The 17 caller accounts post calls for $INUSTABLE.

§02 · Money path

How the supply moved

Funder → creator → create-transaction buy → distributor → 13 wallets → curve. Red edges are direct transfers or trades visible in single transactions.

Flow: 53UtTJ sent 64.09 SOL to the creator wallet 5T7s7b. 5T7s7b created the token and bought 66.75% for 50.01 SOL, sold 8.34% for 16.10 SOL, and transferred 58.41% to HS6sk6. HS6sk6 split it into 13 transfers of 4.49%. The 13 wallets sold everything for 106.04 SOL. On 23 and 28 Sep, 53UtTJ created three tokens and sent the supply through HS6sk6 to the same 13 wallets; on 28 Sep the SOL went back through HS6sk6 to 53UtTJ (124.58 SOL).

§03 · Findings

Six findings, each with receipts

Every row links to Solscan. Full signatures, amounts and slots are in evidence.json.

01Launch

The creator bought two-thirds of supply in the create transaction

On 2026-09-30 at 12:55:49 UTC, 5T7s7b…aDPz created $INUSTABLE ("inustable coin") on pump.fun and, in the same transaction, bought 667,496,112 tokens (66.75%) for 50.01 SOL (RZY7EFTM…uMp8Mj). It is the only successful transaction on this mint in slot 451,970,800.

At 12:37:19, 18 minutes before the create, the wallet received 64.09 SOL from 53UtTJ…dW9f (4rHiPFF9…dS2xjH). That transfer covers the 50.01 SOL buy. 53UtTJ… is the wallet that created the three earlier tokens in Finding 06.

The launch program is pump.fun (6EF8rr…wF6P), the token is Token-2022 and the bonding curve is 3KFGr2…vN6Y.

Evidence

Field	Value
Token	inustable coin · symbol `inustable` · Token-2022
Mint	GAcNBm6iE2MZdqGhyu7Wb1wTDm8esU2BMQk2bX1ipump
Launch program	pump.fun 6EF8rr…wF6P
Bonding curve	3KFGr2…vN6Y
Create transaction	RZY7EFTM…uMp8Mj · slot 451,970,800 · 2026-09-30 12:55:49 UTC
Signer	5T7s7b…aDPz (fee payer and creator)
Create-transaction buy	667,496,112 tokens (66.75%) for 50.0072 SOL
Other successful mint txs in slot 0	0
Creator funding	64.0874 SOL from 53UtTJ…dW9f at 12:37:19 UTC · 4rHiPFF9…dS2xjH

02Creator

Sold 8.34% in 44 seconds, then moved 58.41% off-market

The creator wallet sold 83,431,712 tokens (8.34%) in three sells between 12:56:13 and 12:56:33, for 16.10 SOL. At 12:57:04 it sent 584,064,400 tokens (58.41%) to HS6sk6…bdTA in a plain token transfer. No SOL moved in that transaction (3TSoya6c…yXJTkU).

After these four transactions the creator wallet held no $INUSTABLE. Its remaining 0.39% is the buy-back in Finding 05.

Evidence · every creator-wallet transaction on the mint

Time (UTC)	Action	Tokens	% supply	SOL	Transaction
12:55:49	Create + buy	+667,496,112	66.75%	−50.0072	RZY7EFTM…uMp8Mj
12:56:13	Sell	−10,710,159	1.07%	+2.3992	4d2i5orc…AjAGVr
12:56:24	Sell	−46,948,357	4.69%	+8.9788	5rRF5YbC…oQJe5K
12:56:33	Sell	−25,773,196	2.58%	+4.7208	29qqt84Y…vYdGFE
12:57:04	Transfer to HS6sk6…bdTA	−584,064,400	58.41%	0	3TSoya6c…yXJTkU
13:19:09	Buy (buy-back)	+3,944,397	0.39%	−1.0011	5abSK4zd…Y1tcxC

03Split

One distributor, thirteen equal parts, one slot

At 12:57:33 UTC, in slot 451,971,191, HS6sk6… sent 44,928,030.76 tokens (4.49%) to each of 13 wallets in 13 separate transactions. At 12:33:43, 22 minutes before the token existed, HS6sk6… had sent each of the same 13 wallets 0.0769 SOL.

The 13 wallets are listed in §06. Ten of them first transacted on 22 Jun 2026, two on 1 Sep 2026 and one on 13 Jan 2026. None is a fresh wallet. Each is tied to HS6sk6… by direct transfers in both directions (this finding and Finding 06).

Evidence · HS6sk6… → 13 wallets

Wallet	SOL at 12:33:43	Transaction	Tokens at 12:57:33	Transaction
25W5mP…B6ms	0.0769	3goSB6TP…5s7uJJ	44,928,030.76	3nUmYHyn…FgzoUW
5semDg…LSeS	0.0769	5V3Hz4jR…BTANNJ	44,928,030.76	3rGoXwdf…uEm4Xb
9bcTEY…cuwR	0.0769	2L4FaeDJ…RtVTTj	44,928,030.76	5bmGR9yP…p5eqNb
9vSwfQ…7YXo	0.0769	Po1jyzUJ…iei19d	44,928,030.76	42MzWWj6…98PV7a
BMdGw7…Fbt3	0.0769	4ExB32eH…P4EJ8W	44,928,030.76	4nRiXrr2…FT5tiQ
C2QMyK…uZGv	0.0769	2Acpywdz…49j3qm	44,928,030.76	25SY3eC6…kX1mXA
CRoiBV…bewz	0.0769	5qJKafUK…i32JcK	44,928,030.76	36m8qMXc…PxrkhU
CSDmhJ…ex7j	0.0769	3ycM5qP4…oS48cU	44,928,030.76	3aRShTSC…zni5aZ
D7y4uW…GfVV	0.0769	4WePLGjJ…fYubeE	44,928,030.76	49n3Sj4W…efG1F9
DrRoMA…79Ho	0.0769	3dqunWVi…xcnUFr	44,928,030.76	3BYp68JQ…BvXotA
GghdVC…4hj4	0.0769	5UKF1vq1…EsiwyQ	44,928,030.76	4Nx9oNcp…osd6X6
Gss9Nj…oK6Z	0.0769	4hKAGYp7…GfRdGC	44,928,030.76	3RaQktZe…qyzgoz
HWmL7m…6LiM	0.0769	2aed9EYx…nAzhi1	44,928,030.76	5AX66psC…VGCiCS
13 wallets	1.0000		584,064,399.90	slot 451,971,191

04Dump

58.41% sold in 6 minutes 39 seconds

Between 12:58:25 and 13:05:04 UTC, the 13 wallets sold all 584,064,399.90 tokens they had received in 35 sells on the bonding curve, for 106.04 SOL. None of the 13 bought $INUSTABLE at any point.

Each wallet sold its 4.49% in 2–3 sells within 25 seconds, and the wallets took turns. Share of supply sold per minute: 12:58 11.2%, 12:59 11.2%, 13:00 11.2%, 13:01 6.7%, 13:02 8.4%, 13:03 2.8%, 13:04 4.5%, 13:05 2.2%.

When we read their histories (≈14:40 UTC), none of the 13 had sent the SOL on. On 23 and 28 Sep, the same wallets sent their proceeds back to HS6sk6… within minutes (Finding 06).

Evidence · sells per wallet

Wallet	Sells	First	Last	Tokens	SOL	Largest sell
DrRoMA…79Ho	3	12:58:25	12:58:30	44,928,030.76	8.6771	4YpdU2Gm…UVqB3E
9vSwfQ…7YXo	2	12:58:37	12:58:42	44,928,030.76	7.6315	9CR71eUq…kUdebq
25W5mP…B6ms	2	12:58:57	12:59:07	44,928,030.76	7.5835	4PhBLKHW…EAUdPU
CRoiBV…bewz	3	12:59:17	12:59:33	44,928,030.76	7.8263	4KiZ54oH…nkDBdG
9bcTEY…cuwR	2	12:59:42	12:59:59	44,928,030.76	7.9490	AuSXjBmP…7W7iho
BMdGw7…Fbt3	3	13:00:14	13:00:30	44,928,030.76	8.1543	5rr3AhsJ…Y1NZtS
GghdVC…4hj4	3	13:00:39	13:00:51	44,928,030.76	7.9060	V9HLs9T8…6NkvT2
D7y4uW…GfVV	3	13:00:59	13:01:07	44,928,030.76	8.0093	ncPcQPUb…xg57D2
Gss9Nj…oK6Z	3	13:01:17	13:01:31	44,928,030.76	7.7944	5BPa1K6j…s7PZ7U
C2QMyK…uZGv	3	13:02:25	13:02:41	44,928,030.76	7.9382	4e1UbwJR…daUYG2
HWmL7m…6LiM	3	13:02:48	13:03:01	44,928,030.76	7.8910	2QAB2EDy…ZmLSSY
5semDg…LSeS	3	13:03:59	13:04:24	44,928,030.76	8.7147	2LQd67r9…X97CnV
CSDmhJ…ex7j	2	13:04:52	13:05:04	44,928,030.76	9.9669	3W25ZLfd…4JC853
13 wallets	35	12:58:25	13:05:04	584,064,399.90	106.0423

All 35 sells

Time (UTC)	Slot	Wallet	Tokens	SOL	Transaction
12:58:25	451,971,381	DrRoMA…79Ho	13,478,409.23	2.7936	5BqR1ZTb…jEasTf
12:58:27	451,971,387	DrRoMA…79Ho	15,724,810.77	3.0250	4YpdU2Gm…UVqB3E
12:58:30	451,971,399	DrRoMA…79Ho	15,724,810.77	2.8585	yCHHNVJp…FVDeSA
12:58:37	451,971,424	9vSwfQ…7YXo	22,464,015.38	3.9078	9CR71eUq…kUdebq
12:58:42	451,971,441	9vSwfQ…7YXo	22,464,015.38	3.7237	4nirZ5M6…k5EcSC
12:58:57	451,971,492	25W5mP…B6ms	22,464,015.38	3.8078	4PhBLKHW…EAUdPU
12:59:07	451,971,529	25W5mP…B6ms	22,464,015.38	3.7756	12A4zNyD…4yAEXb
12:59:17	451,971,566	CRoiBV…bewz	13,478,409.23	2.3054	3s8Pxb7j…uR28tJ
12:59:25	451,971,596	CRoiBV…bewz	15,724,810.77	2.7234	4Y4u9XBa…pwoEgn
12:59:33	451,971,624	CRoiBV…bewz	15,724,810.77	2.7976	4KiZ54oH…nkDBdG
12:59:42	451,971,660	9bcTEY…cuwR	22,464,015.38	3.9092	5Baw4pun…NWx5at
12:59:59	451,971,726	9bcTEY…cuwR	22,464,015.38	4.0398	AuSXjBmP…7W7iho
13:00:14	451,971,779	BMdGw7…Fbt3	13,478,409.23	2.4977	2qycYTHC…U7ULPf
13:00:22	451,971,812	BMdGw7…Fbt3	15,724,810.77	2.8251	35uX1oGn…nHGMfi
13:00:30	451,971,841	BMdGw7…Fbt3	15,724,810.77	2.8316	5rr3AhsJ…Y1NZtS
13:00:39	451,971,875	GghdVC…4hj4	22,464,015.38	3.9731	V9HLs9T8…6NkvT2
13:00:47	451,971,906	GghdVC…4hj4	16,848,011.54	2.9325	2GgQ4smw…NcHV8w
13:00:51	451,971,920	GghdVC…4hj4	5,616,003.85	1.0003	5uQQcaYr…GCj9Wx
13:00:59	451,971,950	D7y4uW…GfVV	22,464,015.38	4.0564	ncPcQPUb…xg57D2
13:01:04	451,971,967	D7y4uW…GfVV	11,232,007.69	2.0288	61jut1u4…2WXAja
13:01:07	451,971,982	D7y4uW…GfVV	11,232,007.69	1.9241	2vumwZ53…aPYsZi
13:01:17	451,972,020	Gss9Nj…oK6Z	13,478,409.23	2.3761	4nQsFrJZ…6U8Vmx
13:01:24	451,972,046	Gss9Nj…oK6Z	15,724,810.77	2.7282	5BPa1K6j…s7PZ7U
13:01:31	451,972,073	Gss9Nj…oK6Z	15,724,810.77	2.6901	5pSNCApN…3dfHRo
13:02:25	451,972,279	C2QMyK…uZGv	13,478,409.23	2.3959	4fo27M3E…NisxQQ
13:02:33	451,972,307	C2QMyK…uZGv	15,724,810.77	2.7848	4e1UbwJR…daUYG2
13:02:41	451,972,338	C2QMyK…uZGv	15,724,810.77	2.7574	3Emj6fzx…dZGP6w
13:02:48	451,972,361	HWmL7m…6LiM	22,464,015.38	3.9230	2QAB2EDy…ZmLSSY
13:02:57	451,972,393	HWmL7m…6LiM	16,848,011.54	2.9587	5GR4Te4S…GJRTpG
13:03:01	451,972,407	HWmL7m…6LiM	5,616,003.85	1.0093	5JAaiB87…iRhPFe
13:03:59	451,972,627	5semDg…LSeS	22,464,015.38	4.3254	2LQd67r9…X97CnV
13:04:15	451,972,683	5semDg…LSeS	16,848,011.54	3.3347	hVNqykAr…bh6tUv
13:04:24	451,972,717	5semDg…LSeS	5,616,003.85	1.0546	472Xu7ds…kSA5Dk
13:04:52	451,972,818	CSDmhJ…ex7j	22,464,015.38	4.7841	2At8WWfT…DbtEAE
13:05:04	451,972,864	CSDmhJ…ex7j	22,464,015.38	5.1828	3W25ZLfd…4JC853

05Call

A buy-back, then a public call from the creator's account

At 13:19:09 UTC the creator wallet bought 3,944,397 tokens (0.39%) for 1.00 SOL (5abSK4zd…Y1tcxC). At 13:19:45, 36 seconds later, the pump.fun account w1lmore posted a call for $INUSTABLE. pump.fun's public profile for that account lists 5T7s7b… as its wallet: the call came from the wallet that created the token.

The call text is: “Unique ticker with amazing community”. It was posted at a market cap of $30,547 and is the only call in that account's public history. It does not say that the posting wallet created the token or that it had moved 58.41% of supply to other wallets 22 minutes earlier.

Source: pump.fun public API, /users/5T7s7b… (username, wallet) and /callout/list/5T7s7b… (call id dcff999a-7425-4b72-b752-b82988596eb2), fetched 2026-09-30 14:46:34 UTC. Raw responses are in the case research folder.

06Repeat

Same funder, same distributor, same 13 wallets: three earlier tokens

53UtTJ… created $PEPCAT on 23 Sep and two tokens named meme/acc on 28 Sep, bought 58.9–61.0% of each in the create transaction, and sent the tokens to HS6sk6…. Each time HS6sk6… split them across the same 13 wallets in a single slot. On 28 Sep the 13 sold, sent 129.58 SOL to HS6sk6…, and HS6sk6… sent 124.58 SOL to 53UtTJ… 49 seconds later (3LXUcCrH…UWcK6r).

23 Sep. 53UtTJ… received 38.93 SOL from 5tzFki…uAi9, a high-volume hot wallet (3U5aXN29…w8Hee5). Fourteen minutes later it created $PEPCAT and bought 58.93% for 37.01 SOL (4nQsTG1o…tQ7xZ8), sent all of it to HS6sk6… 40 s later (1ovaJ5Uh…F8UfSS), and HS6sk6… split it into 13 equal parts of 45.33M in one slot. At 13:10:27 all 13 wallets sent SOL to HS6sk6… in the same slot: 92.64 SOL. We did not trace where HS6sk6… sent it.

28 Sep. Two rounds 12 minutes apart. Before each, HS6sk6… topped up the wallets it was about to use (6, then 7) with gas. 53UtTJ… created the first meme/acc (7mcGGG…pump), bought 60.99% for 40.01 SOL, sold 15.25% for 27.79 SOL 23 s later and sent the other 45.74% to HS6sk6…, which split it among 6 of the 13. Then it created the second (GL68bn…pump), bought 60.99% for 40.01 SOL and sent all of it to HS6sk6…, which split it among the other 7. The wallets sold within about three minutes each time (27 sells 20:27:28–20:30:32 for 59.48 SOL; 28 sells 20:39:34–20:42:58 for 68.11 SOL; every signature in evidence.json).

Evidence · the four launches

Token	Created by	Create-tx buy	To HS6sk6…	Split (one slot)	Sold by the 13	SOL back
$PEPCAT 8HuqgV…pump 23 Sep	53UtTJ…dW9f	58.93% · 37.01 SOL 4nQsTG1o…tQ7xZ8	58.93% 1ovaJ5Uh…F8UfSS	13 × 45.33M slot 449,707,335	not itemized	92.64 SOL → HS6sk6… slot 449,712,977
meme/acc 7mcGGG…pump 28 Sep	53UtTJ…dW9f	60.99% · 40.01 SOL 4kcQV6Ej…WxfR64	45.74% (after selling 15.25%) 4JyMUqXk…ArQu2t	6 × 76.23M slot 451,426,138	27 sells · 59.48 SOL	129.58 SOL → HS6sk6… 124.58 SOL → 53UtTJ… 3LXUcCrH…UWcK6r
meme/acc GL68bn…pump 28 Sep	53UtTJ…dW9f	60.99% · 40.01 SOL pFT4EX1E…s8rL5Q	60.99% ZzUtHsiQ…8ceKfH	7 × 87.13M slot 451,428,851	28 sells · 68.11 SOL	129.58 SOL → HS6sk6… 124.58 SOL → 53UtTJ… 3LXUcCrH…UWcK6r
$INUSTABLE 30 Sep	5T7s7b…aDPz	66.75% · 50.01 SOL RZY7EFTM…uMp8Mj	58.41% (after selling 8.34%) 3TSoya6c…yXJTkU	13 × 44.93M slot 451,971,191	35 sells · 106.04 SOL	not yet moved

28 Sep: SOL from the 13 wallets to HS6sk6…, then to 53UtTJ…

Time (UTC)	Slot	From	To	SOL	Transaction
20:43:40	451,429,854	DrRoMA…79Ho	HS6sk6…bdTA	5.0000	3behXKqV…kCAzzb
20:48:23	451,430,904	25W5mP…B6ms	HS6sk6…bdTA	11.0949	3qHfZpmx…1h4zgz
20:48:23	451,430,904	5semDg…LSeS	HS6sk6…bdTA	8.3257	2RRL449z…eYam4u
20:48:23	451,430,904	9bcTEY…cuwR	HS6sk6…bdTA	7.4197	3rRrGKTJ…BhDrdS
20:48:23	451,430,904	9vSwfQ…7YXo	HS6sk6…bdTA	12.4095	4GBwgDLv…GtHksR
20:48:23	451,430,904	BMdGw7…Fbt3	HS6sk6…bdTA	7.1910	3g8M4dZ5…NkQHPk
20:48:23	451,430,904	C2QMyK…uZGv	HS6sk6…bdTA	10.1789	5Eni6T5R…YUDZEj
20:48:23	451,430,904	CRoiBV…bewz	HS6sk6…bdTA	9.2236	4DiCsqjv…axHYou
20:48:23	451,430,904	CSDmhJ…ex7j	HS6sk6…bdTA	6.7389	5YijGJSW…7CePfY
20:48:23	451,430,904	D7y4uW…GfVV	HS6sk6…bdTA	11.6747	2AQQ3nuZ…m4PQLU
20:48:23	451,430,904	DrRoMA…79Ho	HS6sk6…bdTA	8.1382	4NtNa9KZ…4vmroc
20:48:23	451,430,904	GghdVC…4hj4	HS6sk6…bdTA	12.5403	5rKXoCCz…24Jq1J
20:48:23	451,430,904	Gss9Nj…oK6Z	HS6sk6…bdTA	10.5319	5bNiS6Fa…bKPqga
20:48:23	451,430,904	HWmL7m…6LiM	HS6sk6…bdTA	9.1168	3Tv7339t…qDuAgL
20:49:12	451,431,088	HS6sk6…bdTA	53UtTJ…dW9f	124.5800	3LXUcCrH…UWcK6r

23 Sep: SOL from the 13 wallets to HS6sk6… (one slot)

Time (UTC)	Slot	From	SOL	Transaction
13:10:27	449,712,977	25W5mP…B6ms	6.4614	4Ui3DQJX…7K7jEW
13:10:27	449,712,977	Gss9Nj…oK6Z	6.9286	5QpZoyb5…EECnob
13:10:27	449,712,977	9vSwfQ…7YXo	6.7103	5XhiWBgN…7fpHzX
13:10:27	449,712,977	5semDg…LSeS	7.1087	5sy8ApGX…AUBK2e
13:10:27	449,712,977	BMdGw7…Fbt3	6.9994	2TaeieCB…H8UHLM
13:10:27	449,712,977	C2QMyK…uZGv	6.6998	4PMXUHBc…p81iib
13:10:27	449,712,977	9bcTEY…cuwR	7.0651	DcFxrsqJ…smU8nT
13:10:27	449,712,977	GghdVC…4hj4	7.4743	5LwD551C…c9JjhD
13:10:27	449,712,977	CRoiBV…bewz	6.8707	2mrnDjmF…phBVja
13:10:27	449,712,977	CSDmhJ…ex7j	9.1491	5yoCgVgi…6bc9KN
13:10:27	449,712,977	D7y4uW…GfVV	7.0277	4F14ZGiP…z5HLQ5
13:10:27	449,712,977	DrRoMA…79Ho	6.8351	HYv1AQUJ…9LHzoZ
13:10:27	449,712,977	HWmL7m…6LiM	7.3062	4Q4LQcdh…Vuoipr
		13 wallets	92.6363

§04 · Profit and loss

$INUSTABLE, measured

Every row is read directly from transactions. Gas top-ups between these wallets are internal and not counted.

Item	% supply	SOL	USD	Basis
Creator: create-transaction buy	+66.75	−50.0072	−$5,938	RZY7EFTM…uMp8Mj
Creator: three sells	−8.34	+16.0987	$1,912	4d2i5orc…AjAGVr 5rRF5YbC…oQJe5K 29qqt84Y…vYdGFE
Creator → HS6sk6… → 13 wallets (transfer)	58.41	0	$0	3TSoya6c…yXJTkU
13 wallets: 35 sells	−58.41	+106.0423	$12,591	All 35 in Finding 04
Creator: buy-back	+0.39	−1.0011	−$119	5abSK4zd…Y1tcxC
Net to the group	0.39 held	+71.1327	$8,446	Received minus spent

USD at SOL = $118.74 (ratio of USD to SOL price in pump.fun's public data for the 13:19:45 UTC call). Earlier rounds, for comparison: on 28 Sep, 53UtTJ… spent 80.01 SOL on the two create buys and got back 27.79 SOL from its own sell plus 124.58 SOL from HS6sk6…, a net of +72.36 SOL.

§05 · Detection

Why a bundle check shows nothing

No same-slot buyers

Bundle flags look for several wallets buying in the creation slot. Slot 451,970,800 holds one successful transaction on this mint: the creator's own create-and-buy.

The 13 never bought

They received their tokens by transfer from HS6sk6…, 104 seconds after launch. Buyer lists, sniper flags and "dev bought X%" counters built from curve trades do not include them as holders who bought.

Not fresh, not synchronized

The 13 wallets were created months earlier and sold one or two at a time, in different slots. Fresh-wallet and same-block-sell flags have nothing to catch.

What does show it: the token balance changes in the create transaction (66.75% to the creator) and the creator wallet's transfer at 12:57:04. Both are public.

§06 · Addresses

16 addresses, one role each

Every address here is tied to the others by a direct SOL or token transfer shown on this page.

#	Address	Role	First seen	$INUSTABLE	Direct links
1	5T7s7b…aDPz	Creator	—	Bought 66.75%, sold 8.34%, sent 58.41%, bought back 0.39%	64.09 SOL from 53UtTJ… 4rHiPFF9…dS2xjH; tokens to HS6sk6… 3TSoya6c…yXJTkU
2	53UtTJ…dW9f	Funder / earlier creator	—	None	Created $PEPCAT and two meme/acc; 124.58 SOL from HS6sk6… 3LXUcCrH…UWcK6r
3	HS6sk6…bdTA	Distributor	—	Received 58.41%, sent it all on	Gas and tokens to all 13; tokens from 53UtTJ… on 23 and 28 Sep
4	25W5mP…B6ms	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.58 SOL	From HS6sk6… 3nUmYHyn…FgzoUW; same wallet in all four rounds
5	5semDg…LSeS	Seller	1 Sep 2026	Received 4.49%, sold 44,928,030.76 for 8.71 SOL	From HS6sk6… 3rGoXwdf…uEm4Xb; same wallet in all four rounds
6	9bcTEY…cuwR	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.95 SOL	From HS6sk6… 5bmGR9yP…p5eqNb; same wallet in all four rounds
7	9vSwfQ…7YXo	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.63 SOL	From HS6sk6… 42MzWWj6…98PV7a; same wallet in all four rounds
8	BMdGw7…Fbt3	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 8.15 SOL	From HS6sk6… 4nRiXrr2…FT5tiQ; same wallet in all four rounds
9	C2QMyK…uZGv	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.94 SOL	From HS6sk6… 25SY3eC6…kX1mXA; same wallet in all four rounds
10	CRoiBV…bewz	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.83 SOL	From HS6sk6… 36m8qMXc…PxrkhU; same wallet in all four rounds
11	CSDmhJ…ex7j	Seller	1 Sep 2026	Received 4.49%, sold 44,928,030.76 for 9.97 SOL	From HS6sk6… 3aRShTSC…zni5aZ; same wallet in all four rounds
12	D7y4uW…GfVV	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 8.01 SOL	From HS6sk6… 49n3Sj4W…efG1F9; same wallet in all four rounds
13	DrRoMA…79Ho	Seller	13 Jan 2026	Received 4.49%, sold 44,928,030.76 for 8.68 SOL	From HS6sk6… 3BYp68JQ…BvXotA; same wallet in all four rounds
14	GghdVC…4hj4	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.91 SOL	From HS6sk6… 4Nx9oNcp…osd6X6; same wallet in all four rounds
15	Gss9Nj…oK6Z	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.79 SOL	From HS6sk6… 3RaQktZe…qyzgoz; same wallet in all four rounds
16	HWmL7m…6LiM	Seller	22 Jun 2026	Received 4.49%, sold 44,928,030.76 for 7.89 SOL	From HS6sk6… 5AX66psC…VGCiCS; same wallet in all four rounds

§07 · Observation

An atypical pattern: 17 caller wallets

This section reports what the chain and pump.fun's public data show about 17 other wallets. It does not claim they belong to the group above.

What we checked

We found no on-chain link between these wallets and the creator wallet 5T7s7b…, the distributor HS6sk6… or the 13 wallets: no SOL or token transfer in either direction in the histories we compared. We found one direct transfer from the funder 53UtTJ…: 2.0 SOL to 39yu37…vsT8 on 23 Sep at 16:36:52 UTC (1mko46gJ…xbSgCn), signed by 53UtTJ….

Buying during the sell-off. Between 12:58:58 and 13:03:50 UTC, while the 13 wallets were selling, 17 wallets bought 23.32% of supply for 42.79 SOL in 22 buys. Across all 977 successful transactions on the mint up to 14:04:16 UTC, none of them sold.

Calls. Each of the 17 wallets is the profile wallet of a pump.fun account that posted a call for $INUSTABLE, between 13:24:46 and 14:11:50 UTC. For 16 of the accounts, pump.fun's public history holds exactly two calls: this token and $PEPCAT (23 Sep, 13:23:40–17:00:09 UTC), the token 53UtTJ… created and distributed through HS6sk6… that day (Finding 06). The 16 posted in the same order on both days except one account (frailnarwhal970), which called first on 23 Sep and 9th of the 16 on 30 Sep. The 17th account has one call, this one.

Wallet history. 15 of the 17 wallets made their first transaction between 7 Apr 09:02 and 8 Apr 13:37 UTC. Each was first funded by a different wallet, and every one of those first deposits arrived as an amount ending in …892 SOL (0.12892–0.59892). On 28–29 Sep, 9 of those same first funders sent their wallet SOL again, and each of the 9 wallets received exactly 1.998920066 or 2.998920066 SOL.

Another token. Six of the wallets each sold the second meme/acc token (GL68bn…, created by 53UtTJ… on 28 Sep) in the same slot, 451,429,740 at 20:43:09 UTC, 11 seconds after the 13 wallets' last sell of it.

Evidence · the 17 wallets

Wallet	pump.fun account that posted the call	Bought	% supply	SOL	Buy	Call 30 Sep	Call 23 Sep ($PEPCAT)	First funding
39yu37…vsT8	Forkkie	14,439,120	1.44%	2.5021	12:58:58 4oqeCGhn…cmZyC5	13:24:46	13:33:07	2026-04-07 09:02 · 0.49892 from 8Qkyvu…bgBD 5JsMXoea…bzEonE 2.0 SOL from 53UtTJ… 1mko46gJ…xbSgCn sold GL68bn… in slot 451,429,740 3iWBAB1U…XQRJjx
FzBtmK…Yu4b	Ezmoneysniperr	15,696,687	1.57%	2.7021	12:59:08 dx25KA5i…tcb3WL	13:27:49	13:40:49	2026-04-07 11:12 · 0.24892 from HecVs9…33bF 5AFThfXg…bySnwD sold GL68bn… in slot 451,429,740 5fcHXseS…DRKJBH
4j3w3V…Xcc4	luvstrack	14,584,472	1.46%	2.6021	12:59:18 3v7yd2TG…58MDkE	13:29:01	13:49:37	2026-04-07 12:30 · 0.14892 from A3jdFg…32GM 3CZqpfcw…eQnyeg sold GL68bn… in slot 451,429,740 399E6GD2…nQDce3
AoHXem…qQx2	TheSilkyPromise	8,330,528	0.83%	1.5017	12:59:26 3NYiJ9aE…resxqe +5 more	13:32:36	—	2026-09-26 08:12 · 0.886862272 from F7p3dF…gmNe 3tK2KMyK…vwRmwZ
CPmesx…A69D	raresharkfurryc	15,025,566	1.50%	2.7821	12:59:26 5PSqi6bg…4Gq3Ye	13:30:56	14:03:37	2026-04-07 14:03 · 0.33892 from A9g6AH…w9yi 5sE7otve…6KQHqP sold GL68bn… in slot 451,429,740 2fHrV7yR…gHCdhL
GzPmnU…rrsr	ilovefeet69	12,972,879	1.30%	2.4021	12:59:34 3pRiSmSj…zTXTaq	13:34:44	14:10:52	2026-04-07 15:19 · 0.30892 from 68oHgX…3vKR 4qsffZTS…v1LB9z sold GL68bn… in slot 451,429,740 4Ey1DXFR…cdWnrm
9uZFNk…4CjA	hhhhhhhigher	13,697,626	1.37%	2.5021	12:59:43 5JqAQkv1…UdQUbD	13:38:42	14:18:29	2026-04-07 16:16 · 0.19892 from EpSB8d…BNS8 2AFxFdsp…LpvkGx sold GL68bn… in slot 451,429,740 2rjLxnRo…vN48WJ
GLRW4n…vnCm	juliuscook	18,419,457	1.84%	3.5021	13:00:00 45e19F1d…7jehcQ	13:42:35	14:25:39	2026-04-07 16:54 · 0.40892 from 2y39ZW…9Cww 4YDb9mpa…hP6eMj again 2.998920066 on 09-28 KcRArwdA…ocEPxA
BTH1Nk…qHry	sigmasdontsell	10,767,502	1.08%	2.0021	13:00:23 YJHnqWXP…8KF5hq	13:45:18	14:30:55	2026-04-07 22:05 · 0.59892 from 6gNkja…BNm3 e9WqsNJ5…z3sHKb again 1.998920066 on 09-28 tw3WWMiy…zmoD17
46VRAr…TQeL	yesjesyes	13,861,723	1.39%	2.6021	13:00:31 5FtQ1qYF…LekXJB	13:53:20	14:39:32	2026-04-07 23:08 · 0.18892 from 5DDUyD…ujmP 3LLoXzDU…QoZvr1 again 2.998920066 on 09-28 5Gi1csrH…G73q9d
H9u1kb…aMaw	wagmiotterbluee	15,482,002	1.55%	2.8021	13:00:40 4pcK1dJg…4JUtp8	13:55:18	14:42:30	2026-04-07 23:52 · 0.33892 from EhNwdN…juzN 54pxDFHU…u3pYun again 2.998920066 on 09-28 4P6Ut6C9…d2gWGY
DTnqog…jwsm	angerkitty	12,213,874	1.22%	2.2021	13:00:47 8udE8XzH…3xVkjk	13:58:25	14:47:42	2026-04-08 08:56 · 0.44892 from 59QNN3…eNJQ 426Lj83r…VDCbca again 1.998920066 on 09-29 nZrAC6fh…5HzYA1
CKdj7T…aHM5	milodanslavic	14,568,439	1.46%	2.7021	13:01:00 4dfds4JP…BJ41m5	14:03:41	15:01:04	2026-04-08 09:39 · 0.12892 from 8ekkz1…NrC7 6o5rfCKx…qbg4e5 again 1.998920066 on 09-29 3acNowGh…yCQRxo
J1RmrT…Er7T	DONTkillmyvibe	13,641,168	1.36%	2.5021	13:01:08 5S4QMmR8…76vKQx	14:06:53	15:53:42	2026-04-08 10:31 · 0.25892 from HckuY9…dy1L 55HvM5P6…uwvyaE again 1.998920066 on 09-29 55zNyBbD…QS8xxB
4wyT3A…KXM6	JOSIPbrozTito	11,963,785	1.20%	2.2021	13:01:18 ZzRL1J5j…zFt9JJ	14:09:10	16:27:54	2026-04-08 11:57 · 0.43892 from E58hFG…bxR6 3GNq4oDY…P7rh72 again 1.998920066 on 09-29 1C5RDRfN…ePsF3J
6Xaspm…WyYr	Lurzy0y0	13,147,813	1.31%	2.5021	13:01:25 4q9tn3Tr…7pMyXG	14:11:50	17:00:09	2026-04-08 13:37 · 0.17892 from B6Fy5R…wEHB 8mPojtMu…RsZYZK again 1.998920066 on 09-29 3zsn5rHo…Pvwpz6
CQwGvU…o6c7	frailnarwhal970	14,351,880	1.44%	2.7785	13:03:50 2H3BM6Zo…kTKjaV	13:53:18	13:23:40	2025-10-30 23:29 · 2.05401757 from 5tzFki…uAi9 624X5L1v…vJux6Z
17 wallets		233,164,521	23.32%	42.7920	22 buys

Calls: pump.fun public API (/callout/list/<wallet>), fetched 2026-09-30 14:43:45 UTC. The listed account names are pump.fun usernames as returned by /users/<wallet>. First funding = the wallet's oldest transaction.

§08 · Open questions

To the addresses on this page

This report does not establish who controls these addresses. That is the first question.

Who controls 5T7s7b…, 53UtTJ…, HS6sk6… and the 13 wallets? Are they one operator?
Why did the creator wallet send 58.41% of supply to HS6sk6… for no SOL, 75 seconds after launch?
Why did the call posted from the creator's pump.fun account at 13:19:45 not mention that the same wallet created the token and had moved most of its supply to other wallets?
53UtTJ… created $PEPCAT and two meme/acc tokens and routed them through the same distributor and wallets. How many other tokens went through HS6sk6…?
Why did 53UtTJ… send 2.0 SOL to 39yu37… on 23 Sep, the day that wallet's pump.fun account called $PEPCAT?
How did 16 pump.fun accounts whose only two calls are $PEPCAT and $INUSTABLE come to post them in nearly the same order a week apart?

§09 · Methodology

How this was measured

Data

Raw Solana mainnet transactions (getTransaction, jsonParsed). SOL movements come from pre/post lamport balances, token movements from pre/post token balances by owner.
Scope: all 977 successful transactions on the $INUSTABLE mint from creation to 14:04:16 UTC; the last 1,000 signatures of HS6sk6…, 53UtTJ… and each of the 13 wallets, with every transaction of theirs on 23, 28 and 30 Sep that touches these tokens or each other; the 17 caller wallets' buys, oldest transactions and repeat deposits.
The key transactions (create, creator sells, transfer to HS6sk6…, the 13 splits, all 35 sells of the 13, the 64.09 SOL funding, and the 23 and 28 Sep rounds) were fetched again for this page and checked against an earlier read.
Calls and usernames come from pump.fun's public, unauthenticated API. Raw responses are kept with the case data.
452 RPC requests for this page, logged by the collection scripts.

Grouping

An address is in the group (§06) only through a direct transfer: SOL or tokens sent between it and another group address outside the market.
The 17 caller wallets are not in the group. Timing, amounts, shared tokens and call order are reported as observations only (§07).

Profit and loss

SOL received = the seller's SOL balance change in each sell, after fees. SOL spent = the creator's SOL balance change in the create-buy and the buy-back, including creation costs.
Gas top-ups from HS6sk6… to the 13 (0.0769 SOL each) are internal transfers and not counted.

Verification

Every number on this page can be recomputed from evidence.json, which lists every signature used.

§10 · Limitations

What this does not prove

Identity not proven

Nothing here identifies a person. The pump.fun account name is shown because pump.fun publicly ties it to the creator wallet. Third-party wallet labels were not used as evidence.

Caller wallets

The 17 wallets in §07 are not shown to be controlled by the group. We compared the last 200 signatures of each with the group's histories. Older or indirect links, or links through exchanges, would not appear.

Onward funds

We did not trace where HS6sk6… sent the 23 Sep proceeds, nor where 53UtTJ… sent the 28 Sep return. On 30 Sep, the 13 wallets had not moved the SOL when we read them.

Earlier sells

For 23 Sep we show the tokens going in and the SOL coming back, not each $PEPCAT sell. For 28 Sep every sell by the 13 is in evidence.json.

Cut-off

Mint transactions were read to 14:04:16 UTC and wallet histories to about 14:40 UTC. Anything later is not covered.

Prices

SOL = $118.74, from pump.fun's own price data for one call. USD figures are indicative. Market caps are pump.fun's.

§11 · Right of reply

Anyone named can answer

The holder of 5T7s7b… (pump.fun account w1lmore), the holders of 53UtTJ…, HS6sk6… and the 13 wallets, and the holders of the 17 caller wallets in §07 can respond. We will publish replies verbatim on this page, next to the finding they address, and record every change in the log below.

The strongest reply is a verifiable one. Sign a short message with the relevant wallet and send it to @usedioapp with your answer. A signed statement can be attributed. A post on social media cannot.

If any number here is wrong, show the transaction and we will correct it publicly.

Send a reply

@usedioapp on X

Change log

v1.0 · 2026-09-30 · First publication. No replies received yet.