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$ANSEM deployer sends 60% of supply to Ansem, who says he has airdropped $7M to holders

Lookonchain and Bubblemaps have traced $ANSEM's early token distribution, while Ansem distributes to the community.

$ANSEM deployer sends 60% of supply to Ansem, who says he has airdropped $7M to holders

Solana memecoin $ANSEM has come under fresh scrutiny after on-chain investigators revealed that its deployer transferred roughly 60% of the token’s supply to crypto influencer Ansem, who later said he had distributed about $7 million worth of the token through community airdrops.

The findings from Lookonchain and Bubblemaps come as $ANSEM traded around $0.10 at the time of writing. This gave the token a market capitalization of roughly $43 million after a volatile rally. The on-chain reports have sparked debate over the token’s distribution and early holder activity.

Deployer transferred majority of supply to Ansem

According to Lookonchain, the wallet identified as “yHCxHB” deployed $ANSEM. It spent approximately $6,300 to create the token before acquiring 792.45 million $ANSEM.

The analytics platform said the deployer subsequently transferred 650 million $ANSEM to Ansem before selling the remaining 142.45 million tokens for roughly $11,800. This resulted in an estimated profit of about $5,500.

The transaction drew attention because the deployer retained only a small realized gain. This is despite the token briefly reaching a valuation above $120 million, according to Lookonchain’s analysis.

Ansem says $7M has already been distributed

Following the on-chain disclosures, Ansem said he had already distributed approximately $7 million worth of $ANSEM through multiple rounds of community airdrops.

In a post on X, he said more distributions would follow as the token’s market capitalization increased. He added that his long-term goal was to grow $ANSEM to one million holders from roughly 25,000 currently.

Separately, Bubblemaps said Ansem received approximately 60% of the token supply, much of which was later distributed to the community.

The analytics platform also identified a separate holder cluster that has already sold around $500,000 worth of $ANSEM. Also, it continues to hold roughly 1% of the token’s supply, suggesting some early wallets remain active sellers despite the token’s rapid rise.


Final Summary

  • Lookonchain said the $ANSEM deployer transferred 650 million tokens, around 60% of the supply, to Ansem before exiting, with an estimated profit of $5,500.
  • Ansem said he has already airdropped roughly $7 million worth of $ANSEM. At the same time, Bubblemaps flagged a separate cluster of early holders that continues to sell into the rally.

 

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Adewale Olarinde

Journalist

Adewale Olarinde is a crypto journalist and data-driven storyteller with a Master’s degree in International Relations. He covers digital assets, markets, and policy with a focus on clarity and context. Outside of work, he’s a lifelong Manchester United supporter and a big music lover.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.