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