DeFi· ★★★· bearish·

White Whale Labs: Solana memecoin edge belongs to wallet clusters

  • —Dataset: 1M pools, 7.7M wallets, 384M swaps, 56 GB of data
  • —Clusters of 450–2,000 wallets show 28–46% doublings vs 17% baseline
  • —Copy-trading with a two-minute lag: −41% per coin, median drop 95%
  • —A neural net lifted doublings to 26%, but 771 picks over 8 days lost money
Why it matters: The findings suggest retail memecoin trading on Solana is stacked against ordinary wallets, undermining confidence in the sector.
Source: ChainCatcher 链捕手