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.