Luck Played No Part in Crypto Whale’s $100M Windfall From TRUMP
The trader who turned $1 million worth of Solana (SOL) into over $116 million by jumping on President Donald Trump’s meme coin launch has now been identified, and new insights reveal how he managed to act with such precision.
It was not luck.
On-chain research firm Bubblemaps tracked down the trader as Naseem—a notorious pseudonymous investor and hacker known for token sniping in the Solana community.
But an even more intriguing detail emerged: Over two hours before the official announcement of Trump’s meme coin, Naseem attempted to purchase a large amount of the token from the correct contract address.
This raises a pressing question—how could he have known?
In the world of meme coin launches, especially one tied to a US president, this type of early activity raises concerns about potential insider trading.
If Naseem had advanced knowledge of Trump’s token, where did this information come from, and how did he gain access so early?
No Inside Scoop, Just Great Observational Skills
When questioned by Bubblemaps, the trader, Naseem, denied receiving any insider information from Trump’s team.
Instead, he claimed to have independently discovered on-chain evidence pointing to the launch of the president’s token, aided by one of Solana’s largest decentralised exchanges.
This explanation may hold weight.
According to a Bubblemaps researcher, Meteora, a Solana-based exchange involved in the TRUMP token’s launch, interacted with a pool designed to swap TRUMP for USDC a full day before the official announcement.
In doing so, Meteora’s admin account may have inadvertently lent legitimacy to the TRUMP token, which otherwise could have easily been fabricated by any crypto user.
However, this key detail was buried among over 100 million transactions on the Solana network—an exceedingly valuable insight hidden in a massive digital haystack.
Bubblemaps has yet to find evidence that any other traders noticed and capitalised on this clue ahead of the TRUMP token public launch.
When Naseem tried to purchase TRUMP tokens hours before the president’s announcement, his transaction failed, as the TRUMP/USDC pool had not yet been activated by its admins.
Had the pool been live, would other insiders have seized the opportunity to purchase tokens before the public caught on?
Was Naseem’s success due to sharp observation, or is there a deeper, untold story behind his extraordinary profit?