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LINK $9.43 -1.16%
HYPE $59.35 +0.32%
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XLM $0.1524 -3.12%
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ZachXBT: The Bubblemaps investigation data is incorrect, Sahil may have earned only 2 to 3 million dollars this year

2024-08-15 11:52:09

ChainCatcher news, Bubblemaps released an investigation on developer Sahil Arora, stating that Sahil has cashed out approximately $26.4 million from early 2024 to now (referring to sending funds to multiple CEXs).

Crypto detective ZachXBT indicated that this calculation seems incorrect, and Sahil could not have earned $26 million, urging a check on the liquidity of these tokens. It is estimated that he earned at most less than $5 million, possibly only $2-3 million.

ZachXBT mentioned that he found an issue in the investigation, stating that Bubblemaps should not consider a hot wallet from the exchange Poloniex as belonging to Sahil. However, Bubblemaps stated that they conducted a thorough check on this wallet and confirmed it is not the exchange's hot wallet. Currently, there has been no conclusion in the discussions between the two parties.

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