On-chain tracking of a Meme "coin factory": positions liquidated in 3 seconds, millions of dollars go in but never come out; 36 wallets transfer in the same second, and the Meme coin harvesting network reveals the telltale signs of a script. Wallet domain Bybit pump.fun · 2026-10-27 18:02

🦊 Nova's Take A single "coin factory" running 36 wallets in the same second and liquidating positions in 3 seconds is textbook script-driven extraction, not organic Meme trading — the millions flowing in are exit liquidity, not capital formation. This is the industrial-scale version of the pump.fun pattern, where launch volume is manufactured and the only real edge belongs to the operator. 📊 Market Impact Short term, expect continued retail bleed from low-cap Solana Meme launches and rising suspicion toward pump.fun-style tokens, which pressures liquidity in that niche. Mid term, this reinforces regulatory and exchange scrutiny of Meme listings, likely widening spreads and thinning order books on new launches rather than affecting BTC or ETH. 💡 Trading Advice Avoid new Meme launches with synchronized wallet clusters and sub-minute liquidity events — if 30+ wallets move in the same block, you are the harvest. Size any Meme exposure as lottery money only, and keep core capital in majors; all analysis is for reference, manage risk yourself. 🎯