One wallet, the whole curve, one transaction
Bundle checkers look for many wallets buying together. KIMCHI had no crowd to find: one wallet bought everything that was for sale in the first transaction. That is why it looked "clean" to bundle checks, ours included, until we changed how we read launches.
The addresses
Coin
KIMCHI
CSocnzcRpgSCr1naKcNTieWZUxb6rABe45j844m7pumppump.fun coin, created 2026-10-20 23:00:15 UTC
Run the bundle check →Creator (signed the creation)
EFSr396A6Jh7…
EFSr396A6Jh7bNCSujGRLMkyXspbWitEvjNVatGD56oFBought 79.31% inside the creation transaction, sold or handed off all of it within 101 seconds
Open the cluster report →Receiving wallet
Gs5FHwYLrDBm…
Gs5FHwYLrDBmCmiv5VhBLCvyiBmBYfcPedZDqR88GYeXReceived 750,000,000 tokens from the creator; receives the coin’s creator-fee payouts; still holds 75.33% of supply on 2026-10-22
Open the cluster report →What the data shows
The creator bought the entire bonding curve in the first transaction
On pump.fun about 79.3% of the 1 billion supply is sold on the bonding curve; the rest is kept back for the trading pool. The creation transaction of KIMCHI also bought 793,086,956.52 tokens for the creator, 79.31% of supply, for 86.98 SOL. That is everything that was for sale, so the coin graduated in its very first transaction and everyone after it traded on the pool.
57 seconds later, 75% went to one wallet
At 23:01:12 UTC the creator sent exactly 750,000,000 tokens, 75% of the launch supply, to Gs5F…GYeX. That wallet had first appeared 30 minutes before the coin existed, when it received 10,000 PUMP from a large exchange hot wallet. On 2026-10-22 it still held 750,061,094 tokens, 75.33% of the current supply, and had not sold any.
The creator sold the rest in 36 seconds
Between 23:01:20 and 23:01:56 UTC the creator sold its remaining 43,086,956.52 tokens (4.31% of supply) in 12 sells for 344.14 SOL. Handed off plus sold equals what it bought, to the hundredth of a token: by 101 seconds after creation the creator wallet held nothing. Net, it took out 257.16 SOL more than it paid for the launch.
The receiving wallet collects the creator fees
pump.fun pays a share of trading fees to a coin’s creator or to whoever the creator names. The SOL arriving in Gs5F…GYeX comes from pump.fun’s DistributeCreatorFees payouts: 10 payouts, 309.09 SOL, between 23:16 UTC on 2026-10-20 and 00:23 UTC on 2026-10-21, in the first 600 transactions of the wallet we read. So the wallet holding 75% of supply is also the one paid by the coin’s volume.
Why bundle checks said "clean"
A bundle is several wallets buying together. Here there was no group to find, only one wallet with everything. A check that only counts linked buyers will go green. We changed ours: a creator who buys 20% or more in the creation transaction is now shown as a "Creator-held launch", with what it did next (sold, handed off, still held) and a link to every transaction.
Timeline
All times UTC, 2026-10-20. Re-read from mainnet; every signature is finalized.
Creator-fee payouts to the receiving wallet
pump.fun DistributeCreatorFees transactions crediting Gs5F…GYeX, from the first 600 transactions of that wallet.
Where the creator’s 79.31% went
| Destination | Tokens | Share of launch supply | Proof |
|---|---|---|---|
| Handed to Gs5F…GYeX | 750,000,000.00 | 75.00% | hand-off tx |
| Sold in 12 sells for 344.14 SOL | 43,086,956.52 | 4.31% | first sell |
| Total bought in the creation transaction | 793,086,956.52 | 79.31% | creation tx |
Handed off + sold = bought, to the hundredth of a token. The creator wallet was empty 101 seconds after creation.
Limitations
- •On-chain data shows what the wallets did, not who controls them. Public posts attribute the receiving wallet to a well-known trader; we cannot confirm that and do not rely on it.
- •The creator-fee total covers only the first 600 transactions of the receiving wallet; later payouts are not counted.
- •Percentages use pump.fun’s 1 billion launch supply, except the 75.33% holding, which is measured against the current supply (995.70 million) on 2026-10-22.
- •Claims circulating online about dozens of linked "side wallets" are not part of this study: we only publish what we re-read from the chain.
- •Nothing here is a legal conclusion or an accusation of unlawful activity.
Check it yourself
Open the creation transaction on Solscan and look at the creator’s token balance change, then the hand-off transaction 57 seconds later. Paste the coin into the unbundle Bundle Check: it now shows "Creator-held launch" with the same transactions. If anything does not match the chain, tell us and we will correct it.