Worked example · 2026-10
Kimchi — tokens sent to an influencer, a post and a repost, a run to $14M and a >95% crash while pre-positioned wallets sold — $kimchi / Solana — 2026-10-23
Summary
Lookonchain reported the sequence on 2026-10-23 with Solscan links to the selling wallets.
Timeline (UTC)
Read it as three stages. Setup: low-price buys, then a 500M token allocation to an influencer. Promotion: a post and a repost run the price to ~$14M. Exit: the early wallets sell and the token crashes. All of it comes from one Lookonchain post; the order of the post and the buys is as Lookonchain reports it.
| When | What happened | OAK |
|---|---|---|
| Before 2026-10-23 (undisclosed) | Multiple wallets buy $kimchi at low prices before the promotion (Lookonchain). Who controls them and how they were funded is not published. | T3.004 |
| 2026-10-23 (time undisclosed) | @kimchi1x receives 500M $kimchi and posts about the token. @a1lon9 reposts it. | T3.004 |
| 2026-10-23 | $kimchi surges to a ~$14M market cap. | — |
| 2026-10-23 | The pre-positioned wallets sell. Lookonchain puts their profit at over $385K. The token falls more than 95%. Where the proceeds went is not published. | T3.004 |
| 2026-10-23 (after the sale) | @a1lon9 undoes the repost and @kimchi1x deletes the post. | — |
| 2026-10-23 07:07:10 | Lookonchain publishes the sequence with Solscan links to the three selling wallets. No statement from either account holder or the token's creators appears in the cited source. | response |
Key addresses:
- Selling wallet 1 (listed by Lookonchain) —
4RZDCgCGyifMvciAy3gjNbbyxNjoYp3nHe6meWUymxL4 - Selling wallet 2 (listed by Lookonchain) —
98xo3EMWR1Xc4aWUHmn8DD4onMqeDuopRiT2hWeMeiFH - Selling wallet 3 (listed by Lookonchain) —
5qVRRiL5HmUXFupQBk2QQ34fhf2boPwhQvZk8yMiwg9M
Root-cause evidence
- Technique: OAK-T3.004
- Source: https://x.com/lookonchain/status/2113527634999279887
- Source type: security-firm
- Confidence: reported
- Evidence: Lookonchain's on-chain tracing of the allocation, the posts and the selling wallets.
Public references
[lookonchainkimchi2026]— Lookonchain on X (2026-10-23): https://x.com/lookonchain/status/2113527634999279887