Bitquery Investigations

On-chain investigations, fund-flow tracing, and forensic deep-dives by the Bitquery team

Binance sent nearly $1 billion to crypto casinos on Ethereum last year

July 14, 2026

A Bitquery analysis traced $1.5 billion moving from the world's largest exchanges into gambling sites over twelve months. Two-thirds of it came from one exchange, and most of that went to a single casino.

Investigation

Ethereum

Casino

Exchange

Bitquery Research

Inside Collector Crypt's $622M gacha, now expanding to Jupiter

July 13, 2026

A full on-chain accounting of Collector Crypt's Solana gacha: $622.6M wagered across 17,544 wallets — who profited, who paid, and where the house edge really sits.

Investigation

Solana

Gacha

Bitquery Research

Blockchain data reveals one casino now controls 80% of crypto's on-chain gambling.

July 13, 2026

A Bitquery analysis of twelve months of Ethereum deposits found Stake drawing roughly four of every five on-chain gamblers — 78% in April 2026 — while rivals fade.

Investigation

Ethereum

Casino

Bitquery Research

$ANSEM token: the 65% nobody mentions — how Ansem pre-loaded his own memecoin

June 30, 2026

$ANSEM looks like a fair-launch fairy tale: a coin that died, then 370×'d when its namesake showed up. The chain says something else. Six days before the public could trade, 65% of the supply was already in one wallet.

Investigation

Solana

Memecoin

Bitquery Research

Inside Collector Crypt's $622M gacha, now expanding to Jupiter

Blockchain data reveals one casino now controls 80% of crypto's on-chain gambling.

$ANSEM token: the 65% nobody mentions — how Ansem pre-loaded his own memecoin

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Is wash trading a good way to get bots to trade your token? We found a better idea.

June 25, 2026

Token creators are told to wash-trade their token so bots and trending lists notice it. We pulled five days of Solana DEX trades through Bitquery MCP and tested it. Of 339 tokens that faked high volume with four or fewer wallets, exactly zero went on to attract a real crowd. The tokens that actually flip share a different fingerprint: seeded with a couple of wallets, parked at near-zero volume for days, then switched on, with hundreds of new wallets and millions in volume arriving in a single hour.

Investigation

Solana

Memecoins

Market Integrity

Divyasshree

How an Attacker Drained a Cardano Wallet's Users of More Than 129 Million ADA

June 24, 2026

A defect in SecondFi's wallet-generation code let one operator sweep more than 129 million ADA and 3,838 token types from 3,072 Cardano wallets across two waves — reconstructed transaction by transaction.

Investigation

Cardano

Crypto wallet

Wallet security

Bitquery Research

How a Solana 'AI Scanner' Signals Channel Manufactures Its 10x Calls

June 24, 2026

A Solana channel markets itself as an 'AI scanner' that catches 10x memecoins. We pulled all 25 of its calls over four days and checked each one on-chain. Only five ever ran; the other twenty flashed for minutes, then fell 70% to 99% within the hour. The few real winners are not a signal, they are survivorship: the channel sprays every fresh sub-$45K pump.fun launch, screenshots the ones that pop, and quietly buries the rest.

Investigation

Solana

Memecoins

Market Integrity

Divyasshree

The Token Factory: 6,018 Buyers, One Wallet, and a #1 Trending Coin

June 24, 2026

6,018 buyers, $2M in volume, no real holders — one operator owns 99.3% of the supply and ships a new patriotic-sounding token almost every day.

Investigation

Solana

Memecoins

Bitquery Research

$812M, One Ghost Wallet, Three Exchanges — Nobody Flagged It

June 23, 2026

Six major exchanges fed a four-day-old burner that moved $812M on TRON in plain sight — every hop public, zero compliance alerts, cash-out at OKX, Kraken, and Binance.

Investigation

Financial Crime

AML

Bitquery Research

$110M in Fraud Proceeds Walked Straight Through the World's Top Exchanges

June 17, 2026

A single 15,000 USDT Flash USDT scam payment opened a TRON laundering circuit that moved more than $110 million in 90 days — every step visible on a public ledger, in real time, while exchange monitoring flagged none of it.

Investigation

Financial Crime

AML

Bitquery Research