Kittiq (KITTIQ) is flagged: about 70% of its trading volume was the creator buying and selling the same tokens back within minutes.
DELPHI flagged this coin for wash trading. 69.7% of all tokens traded were fast round trips, where a wallet bought and then sold (or sold and then bought back) within 5 minutes. The flag line is 50%. Most of this came from the creator wallet, 0xfE77…DE66, which made 11 of the coin's 27 trades. The other two checks, launch bundle and hidden concentration, found nothing. But the creator alone still holds 16.4% of the supply, which is 82.6% of all tokens held by wallets. So the trading activity you see on this coin mostly does not come from independent buyers.
What DELPHI saw
- The creator 0xfE77…DE66 bought 103.3M tokens (10.33% of supply) for 1,000 USDC in the launch transaction itself. 134 seconds later it sold 25.8M tokens. At 193 seconds it bought another 78.2M tokens for 1,000 USDC.0x0d4f…68db ↗0x80a4…6663 ↗0x6790…a95a ↗
- About 3.4 hours after launch, the creator made four big trades in under 4 minutes. It sold 154.3M tokens (15.4%), bought back 169.1M (16.9%) 44 seconds later, sold 84.6M about 2.5 minutes after that, then bought 60.4M 35 seconds later.0x51c7…456c ↗0xcd38…f0e4 ↗0x08b5…9da4 ↗0x623a…d9ca ↗
- The creator also made a small round trip outside Ascend. It bought 409K tokens for 0.1 HYPE 902 seconds after launch, then sold 450K tokens for 0.1051 HYPE 51 seconds later.0x99ec…4bcd ↗0x8582…7f57 ↗
- The creator now holds 164.1M tokens: 16.4% of supply and 82.6% of everything held by wallets. Its last buys were 2.8M and 16.3M tokens on Oct 12. DELPHI found no links from this wallet to any other wallet, so the bundle and concentration checks, which look for groups of linked wallets, came back clear.0xf746…5b4f ↗0x82e8…160c ↗
- Wallets 0x797D…F0AB and 0xB508…6C47 bought in one pool and sold in another within the same transaction. That is arbitrage, which DELPHI does not count as wash trading.0x5b7f…4294 ↗0xed25…3258 ↗
Keep in mind
- Trading is thin: 27 trades by 8 wallets, and only 6 wallets hold tokens. A handful of trades by one wallet can push the wash share this high.
- DELPHI counts 2 wallets doing round trips, but its evidence names only the creator. The second wallet isn't identified in the report.
- Only 19.9% of supply sits in wallets. The rest is in pools or contracts, and this report doesn't break down who controls those.
Written by Claude (claude-opus-5-5) on 24 Oct, 00:02 UTC, from DELPHI delphi-v0.3 data. DELPHI reports patterns, not intent: check every claim against its transactions. All coins