PANews reported on October 9th that blockchain analysis platform Bubblemaps published a post on the X platform claiming that insiders are dumping YEPE tokens, having profited $1.4 million so far and still holding 50% of the token supply. Previous tweets have demonstrated how insiders control 60% of YEPE. The connection is clear: multiple holders invested in YEPE through the same centralized exchange (CEX) at similar times. These addresses have been selling off YEPE since its launch.
Previously, on October 5, Bubblemaps disclosed that a meme coin called "YEPE" promoted by James Wynn was held by insiders with a 60% stake.
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