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TRUMP: the wallets used again after the rally

MASTR's August 2026 investigation follows allocation releases, staging wallets and a reused destination route.

MASTR research · snapshot 22 August 2026 · 2 min read

Rechercheartikel und Referenzeinträge erscheinen auf Englisch. Die Navigation ist in sieben Sprachen verfügbar.

Original auf X

In diesem Artikel
  1. The route that connects the snapshots
  2. What the amounts mean
  3. Control, ownership and intent
  4. Inspect the record

The route that connects the snapshots

The investigation follows the official Solana TRUMP mint, 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN. Its strongest August observation is a repeated transfer route. Approximately 1.43 million TRUMP passed through the same three-address endpoint sequence on 22 August that had carried approximately 4.14 million TRUMP on 26 July. The workbook records the individual transfers, signers, token accounts and transaction signatures.

In May, a separately documented release of 4,915,232.876712 TRUMP entered an operational branch. That branch reached an aggregation wallet which appeared again in the August route. This provides a concrete connection between release infrastructure and later distribution activity. It is more informative than circling a large transfer on a chart without tracing its predecessors.

What the amounts mean

The August route contained pre-existing inventory at intermediate addresses. The amount leaving an aggregator therefore cannot all be assigned to the most recent incoming transfer. The workbook explicitly identifies approximately 211,298 TRUMP of earlier inventory at one stage. This prevents a misleading claim that every downstream token came from one particular release.

Dollar values in the transaction table use a $2.46 snapshot price. Multiplying tokens by that price describes a marked value. It does not demonstrate a sale, an executable price for the entire position or dollars received by a named person. A transfer to a busy endpoint also does not reveal the trades inside a custodian's internal accounts.

Control, ownership and intent

Repeated co-signers and route reuse support an inference of shared custody or distribution operations. A custodian may sign for several customers. The workbook does not independently identify the beneficial owner of every address and does not conclusively identify the exact exchange behind the final endpoint.

The documented route deserves scrutiny. It does not establish wash trading, a fabricated catalyst or a coordinated price-suppression strategy. Those conclusions would need trade-level counterparty evidence or other records linking the transfers to the alleged conduct. MASTR made the same distinction in the public X commentary linked below.

Inspect the record

The accompanying workbook contains an executive summary, a full wallet register, a transaction trail, pool evidence and a methodology sheet. Read the attribution caveat beside each address. All figures here refer to its 22 August 2026 snapshot, not current balances. Continue with the pool and fee analysis and how wallet attribution works.

Quellen

  1. MASTR: TRUMP investigation workbook, 22 August 2026
  2. MASTR on X: exchange flows and manipulation claims, 19 August 2026

Recherche geprüft am 5. September 2026. Historical cases retain the date and legal status of the cited record.

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Marktstruktur

Bundled launch wallets

One economic position is split across many addresses to imitate distribution.

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