BubbleMaps monitors refund behavior of KOLs in the Trove Markets project direction

The blockchain analysis platform BubbleMaps has discovered that the Trove Markets project has quietly refunded KOLs in the face of heavy losses for pre-sale participants. Trove raised $11.5 million through an ICO to build a project on the Hyperliquid platform, but an external liquidity provider sold $20 million worth of HYPE tokens before the project was issued. The team then turned to the Solana platform, and the TROVE token plummeted 99% during its issuance, resulting in significant losses for ICO participants. BubbleMaps monitored wallets associated with TROVE deployers and found that on the day after the token crash, $100000 worth of USDC and $350000 worth of USDT were transferred to newly funded wallets. They stated that they have obtained on chain evidence and leaked chat records, proving that the project party has engaged in improper behavior of treating investors differently.