> ## Content Index
> Fetch the complete content index at: https://blog.bubblemaps.io/llms.txt
> Use this file to discover other available public pages before exploring further.

# Onchain insights: $CATE, BitMEX's last chapter & 29 wallets moving the market
- URL: https://blog.bubblemaps.io/onchain-insights-cate-bitmexs-last-chapter-29-wallets-moving-the-market/
- Published: 2026-08-06T18:32:16.000Z
- Updated: 2026-08-06T18:32:16.000Z
- Author: Bubblemaps

## The $CATE Saga

$CATE launched July 26, inspired by an Instagram post from Kabosu Mama (the original DOGE dog owner). She clarified she had no link to the token. A community takeover led by @PoorGoat\_ pushed it to $70M FDV. The holder base: 74,863 wallets. The profit breakdown:

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/catemapchart.png)

[Read thread](https://x.com/bubblemaps/status/2084351241648562406?s=20&ref=blog.bubblemaps.io)

25 wallets controlled 19% of supply. The question we asked: *"How long will they hold?"*

Same day. 29 wallets sold $660,000 at the same minute. $CATE dropped 70% in one candle. The full list of 29 wallet addresses was posted in the thread. > [Sell-off thread](https://x.com/bubblemaps/status/2084386193635237952?ref=blog.bubblemaps.io) 

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## Robinhood Chain Watch

The chain is 40 days old. Two sides of the same coin.

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/rh-bundle.png)

**The Bundles**

- **$VLAD**: Vlad Tenev's account was likely hacked. $VLAD was 70% bundled when the tweet went out. \~10 wallets funded from Relay 2 hours prior, bought within minutes, already selling. > [Map](https://v2.bubblemaps.io/map/BeKGzfma1c9k3FsNzdlB?ref=blog.bubblemaps.io)
- **$ARROW update**: The cluster we flagged at launch has now sold $600k. $ARROW is down over 95%. The cluster is still active. > [Update thread](https://x.com/bubblemaps/status/2080639401999376688?ref=blog.bubblemaps.io)
- **$PIPEDOG**: The biggest runner on Robinhood, briefly overtaking $CASHCAT. One entity controls 50% of supply via \~80 wallets. Funded from multiple CEXs in tight windows, no prior activity, sniped 54% at launch. They tried to hide the links by routing tokens in the same transaction. Time Nodes still connected the wallets. $1M already sold, $16M still held. > [Map](https://v2.bubblemaps.io/map/VSgNO842O8916IBT2nsj?ref=blog.bubblemaps.io) \- [Intel Desk case](https://intel.bubblemaps.io/cases/99/bundled-launches-on-robinhood-chain-pipedog?ref=blog.bubblemaps.io)

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/image.png)

**The Other Side** 

50 traders have passed $1M in profits on Robinhood. One new millionaire per day. The chain is 40 days old. Last month's data showed 37% of wallets were profitable on the top 50 memecoins. > [Thread](https://x.com/bubblemaps/status/2084319034166939703?ref=blog.bubblemaps.io)

**Is This Organic?** 

A cluster of fresh wallets bought $2.7M of $CASHCAT overnight. The token went 2x. Wallet 0x3ad3 bought $1.1M just before the pump, then distributed tokens to 3 other wallets. Two more fresh wallets (0x70fd and 0xf33f) bought $300k and $1.3M within minutes and within an hour. Neither had any prior transaction history. Both still hold everything. > [Map](https://v2.bubblemaps.io/map/gNFUC0kRmM8o7nFYYb16?ref=blog.bubblemaps.io)

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## The Sniper

**$MARS: $800 into $1,000,000**

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/marscoin.png)

$MARS launched a week ago, inspired by an old CZ and Elon Musk conversation. Listed on Binance Alpha. Reached $60M market cap.

Wallet 0xd2ab sniped 2.7% of supply for $865 in the first minute. First purchase at a $9k market cap. Sold part of the bag for $250k. Still holds $980k. The full position is now worth $1.8M. Up 1,250x.

0xd2ab was the 7th wallet to buy. Other early buyers included @frankdegods and @rasmr\_eth, but 0xd2ab was the only top-50 early buyer to hold past day 1\. > [Map](https://v2.bubblemaps.io/map/fuxIyMGtOmCM1Ojrymqt?ref=blog.bubblemaps.io) \- [Live map](https://v2.bubblemaps.io/map?address=0xfe189e97832da1573e4e4ff034f4ffc3a15c7777&chain=bsc&ref=blog.bubblemaps.io)

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## The Fumble

**$EPIK: 6% for $4,000** 

'rektmando' created $EPIK live on stream in 2024 as a joke. The token faded. He retweeted about it. It exploded.

One wallet (5Qk5aE) bought 6% of supply at launch for $700\. Sold minutes later for $4.7k. That position is now worth $1.2M. > [Map](https://v2.bubblemaps.io/map/F0d0KLrmg7VpzvRdUkJN?ref=blog.bubblemaps.io) \- [Post](https://x.com/bubblemaps/status/2082131156544446736?ref=blog.bubblemaps.io)

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/epiksniper.png)

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## Industry Watch: **BitMEX Shutdown** 

BitMEX closes on September 23, 2026\. Arthur Hayes' exchange invented the perpetual swap. 0 customer funds lost to hacks in 11+ years. $BMEX dropped 95% on the news.

![](https://storage.ghost.io/c/19/d2/19d2abd6-b3d7-45da-8e65-9ec46f80625e/content/images/2026/08/bitmexshutdowm.png)

The tokenomics: 92% of $BMEX was locked in a vesting contract. Only 8% was distributed at launch (5% airdrops, 3% product and LP). Of the locked supply, only one claim ever occurred: 63.75M $BMEX from the Product and Liquidity address in November 2022\. Employee Incentives, Ecosystem Growth, and Long-term Reserve were never distributed.

75% of $BMEX was meant for employees, ecosystem, and reserves. It was never distributed. > [Thread](https://x.com/bubblemaps/status/2080322988420059310?ref=blog.bubblemaps.io)

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Thanks for reading,  
Bubblemaps Team