Ethereum Blockchain Investigations

Technical analysis and investigations of suspicious patterns on the Ethereum blockchain

Active Investigation: COLON Token Launch - Awaiting response from BuilderNet

COLON Token Launch - Trading Pattern Investigation

June 21, 2025 | Block 22750445

Awaiting Response

Investigation into how 68 coordinated wallets captured initial liquidity after a privately submitted transaction.

Key Finding: 68 brand-new wallets somehow knew exactly when to submit transactions after a privately-submitted "open trading" transaction, capturing the vast majority of initial liquidity. Etherscan shows no mempool confirmation time for the trigger transaction, proving it was submitted privately.

Investigation Methodology

Data Source

  • Direct from Ethereum blockchain via local Reth node
  • All claims backed by on-chain transaction hashes
  • Independently verifiable data

Analysis Methods

  • Statistical analysis of trading patterns
  • Probability calculations for coordination
  • Transaction timing and gas analysis

Our Focus

  • Technical questions, not accusations
  • Transparency in blockchain mechanics
  • Fair markets for all participants