Analysts tracked the capital flows on the Robinhood chain; 53 transactions resulted in operations totaling 18 million US dollars.
2026-09-28 22:50:02
CoinMeta data: An anonymous on-chain analyst Wazz tracked 53 token launches on the Robinhood chain and discovered that these launches were related to a transaction that extracted at least $18.43 million. The results of this research were released on September 27, coinciding with a record-breaking meme coin transaction on that chain, where the launch platform settled over $1 billion in one day. Wazz tracked the fund flows from 45 of these 53 launches and found that the earnings from one token were transferred to a central wallet, which was then used for the funds of the next launch. Approximately $18.11 million is still held in wallets on the Robinhood chain and on Ethereum and has not been utilized.
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Source:BeInCrypto
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