The GROKLET launcher: 4 SOL to $1.8M

5FqUo9aBjsp7QeeyN6Vi2ZmF2fjS4H5EU7wnAQwPy17z created 20,543 pump.fun tokens between Aug 6, 2025 and Oct 15, 2026, about 47 a day. It started with 4.1 SOL in July 2025. On Oct 17, 2026, it and its two treasuries hold 1,337,419 USDC and 4,428.32 SOL, about $1.8M, almost all of it sent there by the launcher. On its launches, the buyers that look like outsiders are often its own wallets. It paid 23 of them from its own wallet, in batches of identical amounts to the lamport, and they paid SOL back to it. They buy its tokens in the seconds its dev wallet sells, then all sell together. Every transfer and trade below links to its transaction. Board: https://iriscan.app/explorer/grok5fqu-moneyboard00 (the money) and https://iriscan.app/explorer/grok5fqu-20543tokens0 (the 23 wallets)

The 23 wallets it pays

Each payment below is a plain SOL transfer from the launcher to the wallet, read on chain. Several wallets got exactly the same amount, minutes apart.

• 19.792054049 SOL each to 4 wallets on Jun 6, 2026: 3UCPqUtngg1vzWKKDdmbt7wkB2GDQ2hkUvcQzmgZHKSw, 4kqcn9LxqWv6zLPtqJuQ8YNyj5FrPiKqdWFxSnjpqNim, 5KR7UbAcp9KcWVhCTJRpjE5hb6G2MLeEnBYHTXZqjPYa, HtDMxZA7uVMd47BqJnM4mEG9v8ZinCBa2KcuyF3fyEGD. One of them: https://solscan.io/tx/21tjotbjC4UB7zyNixoTDEUTBNr1rtHkWAmqKkwYNCP4JSadzSBVXxQHcby2CoFfMSc9BgqWTZdXdVmqsNCsSnem

• 16.302561083 SOL each to 4 wallets on Jun 9: 3os2DJNwDxeh4nxTtkvyRxYBvcoftz3f75nGTmMuqYBs, 9nQ3D7fPpLqa62Z1M3Xt7zcW4YfWDvAFJK9En4uFBcsF, FkDf89zHx3fWJfLDRdyV6yv57KTbjoHSm8jmoupga7Kf, yaihZFhGHQTrxXJEoFxqKQBFfrSNjkZ4JWj8AMH8nzf. One of them: https://solscan.io/tx/5mzBYEqrtPHonyiVqyQPHtXxGTexcWAy2tvU3ruGkh5D5Bxh12EfDGRYHeMggupR1yx1pvbPujfgRnbcUmEzN6bf

• 20.4085492 SOL each to 3 wallets on Sep 8: 5yiDYRNis32DAgJFuAJK6hEpLZRaxtGFyz62sqYZhJJY, 9Z5Ad4vnZ8WQwCoNruZAzzvHV4QDDRvKVzaGFJ21xauE, DJoazxt7TAs6JgZob3BtXtu9haZvW1uk4R92uwjkPucz. One of them: https://solscan.io/tx/4PQBxPpwbF53Mk9fWCLdtVr7STttQYMPXA2dGqgnR1YsPb47Z1XJGWvSGMdSdQMyfWQSu2dEP7fJjGqc1QhzmQRg

• 27.99457183 SOL each to 4 wallets on Sep 22: 7uDcXs8LGiGZAvDs2Wc4p9A5YoBWTfLecTJCx6MmA4Hp, 98iwJ8dx7wfU61GgoHV26vjffRuXCBNoANhCBD1gApgk, Ghh28eLHd5GDmEEGr7GxyiFBpDpv2h8umr9wyqa4WwYB, HUt3heWZLKE4qJ8KAs41Gh7aZpbMKjGxCHEV5fx7nDBf. One of them: https://solscan.io/tx/3iQfsvVZqAUdTiv9ShvHLcSQfH8mvLZAtLxSroFRmvK6rBbe1m7YbVAoKvC3yzd8doG775YS1smEoD46aHFXbXiT

• 67.71812775 SOL each to 3 wallets on Oct 13: 9nnwRej5NkxP5XYynkWdNnmCzW6xFgfBV6etak8gLX5X, AoonGuCAbcVYiRfgPo8dvHiJdgXGhzLChTDcXyS58Xm4, Fq8yvJ1T2QJaGTRaXyW4gfS9JuufB9a72wNWoQ6uCQMS. One of them: https://solscan.io/tx/3bNnwSpAAUiWFoiU3MtsdcWxLgvoiCvHdnMorN88NZve5GdNqXjZjwRv32T8ujgFavdAkKtDJqdLM9ThYgHodyZj

• 26 to 67 SOL each to 5 more wallets, Jun 17 to Jul 10: 5jRiLgyWKMgTrahupNWS636MozXVi4KTkfWVZTFyXaYX (26.58 SOL), 6dq65sNiUUdzGqsuUwBpyCZRrzPCXiKiQf7FiFUaaL6C (67.00), 82N59E3ipvD1LfsuguHgutFigh22CQgdn1TspvHt1dkM (61.04), Dgs61aALi19uWFS5bb7HnAPESzN6Uv1fXppBB3DrbvYb (33.92), DmrmtppNAe2e1G2VbySWMDoEF3VyViYJQjdXqgbA4c7a (36.45). Example: https://solscan.io/tx/2Aavne7gWbHSJe1Bp6rV2e6zyqFY6bov5hiMU9t1nBFnBuoJ7W8zioxKdGE73K6ZrufmU8HgCBrALZiSGAVPY83g

They pay it back

20 of the 23 sent SOL back to the launcher, again in plain transfers read on chain. For example 82N59E… sent 94.95 SOL, 5jRiLg… 84.22 SOL, Dgs61a… 67.69 SOL, 9Z5Ad4… 33.70 SOL: https://solscan.io/tx/2ov7BZ94aXdsgu2Fr52EEUrMtDLgJThHwMonRLL95ewBQasLU2mfKwwD7N6AyrypuoHvKk1fkwQCfqctYN7Z6dfS

Its distributor wallet GRCnKP6q7rkF6Mbd5LzP4iHAM15SxPGKMo4147VgSVeT, which received 8,897 SOL from the launcher, also funds 7 of them, again in identical pairs: 5.564945907 SOL to two wallets, 24.007608635 SOL to two, 0.273888142 SOL to two.

Wallets in this network trade almost nothing else: in a sample of recent trades from 7 of them, 24 of 27 buys were in the launcher's own tokens.

How they trade: $BULL

$BULL (7madUDX7vPKCexRr3utXS9bW5wgsEzrgV2pQov7epump), launched Jun 29, 2026 at 08:53:09 UTC. 13 of the wallets above traded it.

• 0 s: the dev buys 5.07 SOL in the creation transaction (https://solscan.io/tx/24hahRZ6cagrTDRLrts5EcGYpzAW6maDaXdaSRVyzyjQEE5nLKCn3uBP8PL13vodFWM6dY4587oVETinCR1HuGru), and two of its wallets buy 2.55 SOL each in the same block.

• 4 s: the dev sells 3.05 SOL. In the same second, three of its wallets buy 3.21, 3.20 and 3.60 SOL: https://solscan.io/tx/22FthTAh7NnLZjyrDGiMFSmWFcvGDZa4FdY3gGVLMwojDyToUGS2CTpikq8LfVbD5sQP2FCdgNRENH7Sa7CgtCn4

• 6 to 10 s: the dev sells 3.62, 1.11, 1.06, 1.51 and 0.48 SOL; four more of its wallets buy 1.38 to 1.63 SOL each at 7 s.

• 14 s: the dev buys 1.18 SOL, and in the same second four more of its wallets buy 1.15 to 1.27 SOL each.

• 13 to 22 s: all 13 wallets sell, in matching slices, in the same seconds.

• The dev wallet ended +5.83 SOL and its wallets −5.59 SOL: the operator broke even, and 23 outside buyers lost 2.28 SOL between them.

$Graeme

$Graeme (7cubxUiF7ShXwH6whD293UGdLKz6SDCsp2mXT8vWpump), launched Aug 5, 2026 at 10:51:53 UTC. 7 of the wallets above traded it.

• 0 s: the dev buys 7.11 SOL in the creation transaction: https://solscan.io/tx/5YskAVwSS14CYvM5voPGp5zPfwuBCKvU9jWdd5DN7bcp5S6vwZYSwLjHbi8Cup5MQZ6reFEsMi31TVpxZq6uAPUH

• 1 to 2 s: three of its wallets buy about 2.2 SOL each, twice: https://solscan.io/tx/ovhU9AcsdQQUdoyUKDRUoAB9gfQZS4XRLCzNTfyCV5y7UCMBjePNMxDXjyHgNRkyjQ3YhwLTwdxgqVcW3jRFmDj

• 4 s: the dev sells 4.82, 3.89 and 2.55 SOL. At 6 s four more of its wallets buy 1.3 to 1.9 SOL each, and the dev keeps selling until 10 s.

• 12 to 30 s: its wallets sell in identical small slices, in the same seconds.

• On this token the operator's wallets ended +8.23 SOL together, and 90 outside buyers −13.95 SOL.

How often

In a random sample of 59 of its launches, wallets it funds traded 29 besides the dev wallet itself.

The money

• Held on Oct 17, 2026, read on chain: the launcher 284.53 SOL; its funder BMTPXLDFpUCBbTm1iyLe7gWXxNMnG2Zc1xQFoha2dhPY 650,393.53 USDC and 2,612.79 SOL; its treasury DNsBJtqxGf7o9zXX2Bsuw9UN8sutAFRzVmMMNdVFDjtu 687,026.00 USDC and 1,531.00 SOL. In all 1,337,419 USDC and 4,428.32 SOL, about $1.80M with SOL at $104.31.

• Where it came from: we read every transaction of both treasuries and of their USDC accounts. The launcher sent them 1,405,190 USDC (662,580 to the funder, 742,610 to the treasury) and 8,887.29 SOL. Largest single payments: 85,624.41 USDC https://solscan.io/tx/xxWMEQw7R1Lhk5MTq444JLc3ChzAcU47M5TMrGeh8wkzoSfxQ3WQQphvvcydD7whtCLEuRo2ku7iy7Ank6yyjeS and 27,505.48 USDC https://solscan.io/tx/kQPYfjzRzBnLPK9eQGoZHScMMG48vYjHroP93TsEpKJfbvpJ8a9razEn8aCGPntmnNXLJV6TtpoPgThNWADNgPe

• The launcher's USDC is its own SOL, sold to a market maker: for example 300 SOL for 20,766.56 USDC https://solscan.io/tx/3q3W4bZ8awQz5nopsZSfgPpmKujqx58dN9i9jJV2yWtZNwZY7KogS8SimrBNGkdu6J1Yu9kWSXLDBi7PZh8YqxLs

• Money in from anyone else, all of it found: 225.81 SOL and 5,641 USDC from other wallets, and 33,695 USDC withdrawn from a Kraken hot wallet (6LY1JzAFVZsP2a2xKrtU6znQMQ5h4i7tocWdgrkZzkzF), July 2026: https://solscan.io/tx/VNuuuZqJ1x1Wj7PXWYDrqZAVaUwC3JGcWyRhqMicTEUcxHVaVnuaqhqs72gcTnAPkFuzUW7dcmJYGw6AwbScWHG . Before that it had sent 18,810 USDC to a Kraken deposit address (DyiTfFmoCsuzjfnYcxwq4yoMRnbdPsRYkoLnK5rdVhZX): https://solscan.io/tx/5upzenYRZHmqvcNieXbJuDVeafopJt1LW1SCfbdbLhf2nhuYrLnP5trLE7WJ8WaMEDP6uWebhtYJdq4xsqGviUYa

• In a random sample of 907 of the launcher's own transactions, the SOL it got from wallets other than its own was pump.fun creator fees, payouts from Axiom, and a trading wallet it funds: no exchange deposits.

• Cashed out: 27,845 USDC to a Coinbase deposit address (3WEwzHxZkQzV72hN9WthZcJkyh3tLarFe8p6myBu38gD, which only ever received USDC from these three wallets and forwards it to Coinbase): https://solscan.io/tx/BmS9KvxaaVxH49Ao6jz5bM6aemtHZk3J1NR8UTYnpJ1Z52VJJTMPtwbGVM6HQwQfvdvW6V8W9qVJvcUKpDe9827 . And 459.47 SOL crossed to Robinhood Chain through Relay and arrived as 19.18 ETH at 0xab1386acb3db246c8badf8e157fac6076e77632a: https://relay.link/transaction/0x17883338483647b7d35ee53c2097768233aaef37b2d75f7d0f715160e4139980

How we checked

• Payments: every payment above is a plain system-program SOL transfer between exactly the two wallets, read from the chain, not only from an indexer.

• Trades: the timings come from each token's full trade history as Iris reads it, with the signature of each trade.

• Two wallets that buy in its launch blocks (3UZi…XLJY, 5c5W…KqCd) are left out of the 23: their large transfers to the launcher turned out to be swap routing, not payments.

What we don't know

• Who controls these wallets. This shows what they did and that the launcher pays them, not who runs them.

• How many of its 20,543 launches these wallets traded in all: 29 of 59 in our sample.

• The full count of wallets it funds: we proved 23, there may be more.