PANews reported on February 27 that, after several days of anticipation, on-chain investigator ZachXBT published an article on the evening of February 26 allegingPANews reported on February 27 that, after several days of anticipation, on-chain investigator ZachXBT published an article on the evening of February 26 alleging

An insider address on Polymarket betting on Axiom may point to a Pump.fun partner, but ZachXBT denies any connection between the two.

2026/02/27 11:52
2 min read

PANews reported on February 27 that, after several days of anticipation, on-chain investigator ZachXBT published an article on the evening of February 26 alleging that multiple Axiom employees were suspected of abusing internal data for trading. Subsequently, several insider addresses were traced and found to have profited through betting on the prediction market Polymarket, with trader predictorxyz accumulating profits exceeding $400,000 due to large bets.

ZachXBT stated that through timeline analysis and real-time exchange path tracing, they discovered that predictorxyz is an active Axiom user with the username "JustADegen" on the Fomo platform, and recently participated in the bundling of the token CRABS.

An insider address on Polymarket betting on Axiom may point to a Pump.fun partner, but ZachXBT denies any connection between the two.

Regarding the ownership of the relevant wallets, @omniviolence further disclosed that these wallets may belong to Gorilla Capital, which claims to be a partner in the Pump.fun ecosystem. Extensive on-chain evidence shows that Gorilla Capital frequently engages in insider trading of Pump ecosystem tokens and attempts to suppress the project by launching a competing project, FUD. ZachXBT denies any connection with Gorilla Capital.

Meanwhile, on the same evening the related revelations were released, some community members reported that external DEX aggregators/trading terminals on Pump.fun were experiencing trading difficulties, sparking discussions about the commercial competition between platforms and speculation about whether traffic was being redirected to their own platform's Terminal. Dune data shows that in the Solana trading bot market, Axiom accounts for approximately 57.4% of trading volume, ranking first; Terminal accounts for approximately 9.9%, ranking second.

As of now, the parties involved have not issued a public response to the aforementioned allegations, and the claims remain based on data speculation and community discussions.

Market Opportunity
pump.fun Logo
pump.fun Price(PUMP)
$0.001962
$0.001962$0.001962
+9.48%
USD
pump.fun (PUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

Climbing to the top of the meme coin charts takes more than a viral mascot or celebrity tweets. Hype may spark attention, but only momentum, utility, and adaptability keep it alive. That’s why the latest debate among crypto enthusiasts is catching attention. While Dogecoin remains a household name, a new player has entered the arena […] The post New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 00:30
North America Sees $2.3T in Crypto

North America Sees $2.3T in Crypto

The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07
Norwegian Krone hobbles ahead of uncertain Norges Bank decision

Norwegian Krone hobbles ahead of uncertain Norges Bank decision

The post Norwegian Krone hobbles ahead of uncertain Norges Bank decision appeared on BitcoinEthereumNews.com. The Norwegian Krone (NOK) remains in the spotlight ahead of the decisive Norges Bank interest rate decision scheduled for Thursday at 08:00 GMT. The EUR/NOK pair is trading around 11.60, up 0.3% on the day, after hitting 11.54 last week, its lowest level in three months. While the consensus is still for a 25 basis points rate cut to 4.00%, uncertainty remains high, fuelled by persistent core inflation at 3.1% and a solid economic outlook. This meeting, accompanied by the publication of the monetary policy report, could provoke a strong market reaction, as Norges Bank is renowned for its surprise decisions. A monetary dilemma for Norway Norway’s macroeconomic signals are confusing. On the one hand, inflation remains well above the central bank’s 2% target, with a technical adjustment that puts core inflation even closer to 3.5% than officially announced. “Altogether, today’s [inflation] figures were stronger than expected… This raises questions about whether Norges Bank will deliver a cut next week”, wrote Handelsbanken in a note relayed by Reuters, following the publication of Norway’s inflation data last week. The strength of the economy reinforces these doubts. Second-quarter Gross Domestic Product (GDP) grew by 0.6% against expectations of 0.3%, while the latest survey by Norges Bank’s regional network confirmed a stable growth outlook. “The central bank is not facing a continental economy in urgent need of easing,” observes Emil Lundh of MNI Markets, who favors a status quo by the central bank. However, other institutions still consider easing likely. ING believes that “despite sticky inflation and a solid outlook, we are still leaning towards a cut to 4.0%”, stresses FX strategist Francesco Pesole. TD Securities even speaks of a “hawkish cut”, underlining the likelihood of the decision being accompanied by a restrictive outlook to limit the impact on the NOK. The Oil…
Share
BitcoinEthereumNews2025/09/18 03:38