AB Kuai.Dong
AB Kuai.Dong|Jan 05, 2026 01:49
This morning, on-chain analyst @Andrey_10gwei wrote that the suspected insider trader might be connected to WLFI, a project co-founded by the Trump family. The analyst traced the funds on-chain and discovered that the two wallets transferring money to this Polymarket account were funded via Coinbase deposits, which were immediately transferred to Polymarket. One of these wallets withdrew 252 SOL from Coinbase on January 1st, and roughly 23 hours earlier, Coinbase had received an on-chain deposit of a similar amount of SOL. The deposit wallet address was found to be linked to the address of a WLFI co-founder. What’s even crazier is that these wallets used the same deposit address on Coinbase, and the $400,000+ profit from Polymarket was withdrawn to Coinbase. Shortly after, $170,000 worth of Fartcoin was transferred back to the wallet that originally deposited funds into Coinbase. So, is all of this really just a coincidence, or is someone using insider information linked to the WLFI co-founder to place early bets on Polymarket, then funneling the profits back through Coinbase to the original address? In any case, the series of coincidences was so striking that this analysis sparked heated discussions this morning.
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