A social media post from blockchain analytics platform Bubblemaps has revealed the identity of a crypto trader known as Naseem as the person who has potentially made over $100 million in profits trading the TRUMP token.
In collaboration with YouTuber Steven Findeisen, known as Coffeezilla, Bubblemaps’ investigation suggests that Naseem was able to purchase the TRUMP token immediately after its launch.
The initial transaction involved the purchase of $1.09 million worth of the token from an address beginning with 6QSc2, which was later distributed to at least nine different wallets, according to on-chain data.
Although Naseem's involvement could not be conclusively proven, Bubblemaps pointed to several links that could not be ignored.
A particular address starting with 93Wb had numerous interactions with wallets that funds were transferred to. It is worth noting that this same address previously held the naseem.sol asset. While there are indications that other traders may be involved, the evidence supporting their involvement is less robust and lacks strong on-chain support.
Bubblemaps gave Naseem the opportunity to respond to the insider trading allegations, which he denied. He explained that he was able to obtain over $1 million worth of TRUMP tokens in the first second of trading by paying a hefty $84,000 transaction fee to prioritize the purchase.
Naseem insists he had no direct knowledge of the launch, citing screenshots showing the official Meteora address interacting with the TRUMP-USDC pool a day before the token’s launch, suggesting Meteora may have inadvertently leaked information about TRUMP.
Bubblemaps confirmed that Naseem is not just an ordinary trader but a skilled “sniper” with a proven track record of successful trades. This includes earning $1 million from trades involving Haliey Welch’s HAWK token and LIBRA, which was promoted by Argentine President Javier Milei.
