The same wallets,
back and forth.
Volume looks like interest. Some of it is the same wallets trading with each other or with themselves. This essay follows the launch with the strongest wash-trading reading in the index.
What it
looks like.
Trading volume is the number most people glance at first, and the easiest one to manufacture. A pair of wallets can pass tokens back and forth through the pool; a single wallet can buy and sell in quick round trips. Each trade is real; the demand it suggests is not.
Cyclops looks for repeated pairs, quick round trips and back-and-forth transfers inside short windows, and turns them into a score from 0 to 100.
One launch,
on the record.
The case index is not reachable.
The essay picks its case from the live index; nothing is shown in its place until it answers.
The limits
of the evidence.
Market makers and arbitrage bots also trade often and in both directions. Repetition is evidence of coordinated or automated trading, not proof that it was meant to mislead.
Other
cases.
No other case qualifies.
Only launches that meet the same rule are listed here.