According to CryptoSlate, Bitquery analyzed token holdings on Pumpfun from October 2025 to August 2026 from 3,170 wallets that reported profits of at least $100,000, totaling approximately $752.5 million. Only 26% passed standard market transaction checks, 51% involved the sale of tokens transferred from other addresses, 13% showed potential coordinated trading patterns, and 10% could not be clearly categorized. Since transferred tokens do not generate buy transactions that can be replicated by copy trading systems, the profits displayed in the wallets may not have been realized by the copy traders. The study did not measure the actual profits of the copy traders, and the token transfers themselves are insufficient to prove manipulation. https://www.(wublock123.com)/news/bitquery-pumpfun-large-profits-only-26-percent-pass-standard-trade-checks-70680