PANews reported on October 21st that blockchain analytics platform Bubblemaps previously revealed that the top five traders by STBL token trading volume were interconnected . In an update last Sunday, these five addresses had sold all of their STBL tokens, profiting $17 million. Crypto influencer @JoestarCryptod commented that "these five interconnected traders are highly likely team members," questioning whether the STBL project is a scam. STBL founder Avtar Sehra responded, "This is complete FUD. On-chain historical records and independent analysis confirm that the aforementioned wallets have absolutely nothing to do with the STBL team. These addresses were active long before STBL launched and are known opportunists who repeat this pattern with new projects. Even the aforementioned source, Bubblemaps, has clarified that these wallets have no connection to the STBL team or insiders. This is not a 'team sell' but rather market manipulation by external actors. STBL's contracts, team wallets, and issuance are all fully transparent and verifiable on-chain."PANews reported on October 21st that blockchain analytics platform Bubblemaps previously revealed that the top five traders by STBL token trading volume were interconnected . In an update last Sunday, these five addresses had sold all of their STBL tokens, profiting $17 million. Crypto influencer @JoestarCryptod commented that "these five interconnected traders are highly likely team members," questioning whether the STBL project is a scam. STBL founder Avtar Sehra responded, "This is complete FUD. On-chain historical records and independent analysis confirm that the aforementioned wallets have absolutely nothing to do with the STBL team. These addresses were active long before STBL launched and are known opportunists who repeat this pattern with new projects. Even the aforementioned source, Bubblemaps, has clarified that these wallets have no connection to the STBL team or insiders. This is not a 'team sell' but rather market manipulation by external actors. STBL's contracts, team wallets, and issuance are all fully transparent and verifiable on-chain."
STBL founder: Five interconnected wallets with a total profit of over $17 million have nothing to do with the STBL team
2025/10/21 19:39
PANews reported on October 21st that blockchain analytics platform Bubblemaps previously revealed that the top five traders by STBL token trading volume were interconnected . In an update last Sunday, these five addresses had sold all of their STBL tokens, profiting $17 million. Crypto influencer @JoestarCryptod commented that "these five interconnected traders are highly likely team members," questioning whether the STBL project is a scam. STBL founder Avtar Sehra responded, "This is complete FUD. On-chain historical records and independent analysis confirm that the aforementioned wallets have absolutely nothing to do with the STBL team. These addresses were active long before STBL launched and are known opportunists who repeat this pattern with new projects. Even the aforementioned source, Bubblemaps, has clarified that these wallets have no connection to the STBL team or insiders. This is not a 'team sell' but rather market manipulation by external actors. STBL's contracts, team wallets, and issuance are all fully transparent and verifiable on-chain."
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