Building a fake trendy KOL persona requires investment, but it's become a common playbook in crypto. Here's how it actually works: most influencers can't fabricate massive PNLs anymore without getting called out. So they've gotten creative—they'll flash impressive gains on their main wallet while quietly accumulating on secondary accounts. Then reverse the pattern: dump from the main wallet while accumulating on side wallets, creating the illusion of consistent profit-taking. Some operators run even more complex schemes, layering multiple wallets to manufacture trading narratives. The market sees the main wallet's activity and assumes legitimate trading success, when it's really just a shell game moving assets between addresses. It's a costly operation depending on scale, but for someone chasing influence and followers, the ROI on a fabricated reputation can pay off quickly in this ecosystem.
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DAOdreamer
· 3h ago
The wallet dance game is really good, anyway, information gap is money gap.
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zkProofGremlin
· 01-11 11:06
Bro, I'm already tired of this wallet dance move. It's always played like this every time.
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SatsStacking
· 01-11 00:03
Wow, multi-wallet nesting doll scams have really become the standard? These people go to such lengths for just a few followers.
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CryptoTarotReader
· 01-11 00:02
Wow, the tactics for scamming retail investors across multiple wallets are getting more sophisticated... Main wallets are being shuffled around, clone wallets are secretly hoarding assets, these people really think retail investors are fools.
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PoetryOnChain
· 01-10 23:57
Wallet dancing tricks, I've been tired of this stuff for a long time... Really, can you really earn fan dividends just by playing like this?
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YieldWhisperer
· 01-10 23:52
This whole multi-wallet scamming routine has been played out long ago... The real profit still goes to the retail investors who trust them.
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GasFeeCry
· 01-10 23:40
Damn, I've seen through this trick long ago. It's only when you have so much money that you don't know where to spend it that you play this kind of game.
Building a fake trendy KOL persona requires investment, but it's become a common playbook in crypto. Here's how it actually works: most influencers can't fabricate massive PNLs anymore without getting called out. So they've gotten creative—they'll flash impressive gains on their main wallet while quietly accumulating on secondary accounts. Then reverse the pattern: dump from the main wallet while accumulating on side wallets, creating the illusion of consistent profit-taking. Some operators run even more complex schemes, layering multiple wallets to manufacture trading narratives. The market sees the main wallet's activity and assumes legitimate trading success, when it's really just a shell game moving assets between addresses. It's a costly operation depending on scale, but for someone chasing influence and followers, the ROI on a fabricated reputation can pay off quickly in this ecosystem.