If you've been following the wild world of crypto, especially meme tokens, you've probably heard whispers about celebrities dipping their toes—or diving headfirst—into blockchain projects. But a recent thread on X (formerly Twitter) from user @StarPlatinumSOL has blown the lid off one of the biggest names in content creation: MrBeast. According to this deep-dive investigation, the YouTube sensation allegedly raked in a staggering $23 million through a pattern of presales, casual promotions, and undisclosed dumps using hidden wallets. Let's break it down step by step, keeping things simple for anyone new to the crypto scene.

The Origin of MrBeast's Crypto Wallet

It all starts back in 2020 when MrBeast's main Ethereum wallet popped up on the blockchain: 0x9e67D018488aD636B538e4158E9e7577F2ECac12. This address was exposed after he snagged CryptoPunk #939, one of those pixelated NFT avatars that were all the rage during the early NFT boom. By early 2021, he was holding over a dozen Punks and flipping some for six-figure profits. Flipping, for the uninitiated, means buying low and selling high—often quickly—to capitalize on market hype.

This wallet became the hub for his crypto activities, linking to a web of other addresses used for trading and selling.

The Altcoin Season Rampage: SuperVerse and Beyond

As altcoin season heated up in 2021—a period when non-Bitcoin cryptocurrencies exploded in value—MrBeast allegedly jumped in with both feet. Take SuperVerse (SUPER), for example. The thread claims he got in on a presale (that's when investors buy tokens at a discount before they're publicly available) for $100,000 at $0.02 per token. Then came a subtle promotional tweet: “super? 👀” in May 2021. Shortly after, funds moved through hidden wallets like 0x4f7B657a2cAe7A8808Df1D889838d5Da33007ae8 and 0x2c071Af9dCeFB7155659B662480CbB8679977394, leading to 751 sales and a whopping $11.45 million profit.

This pattern repeated with EthernityChain (ERN), where he scooped up 72,000 tokens via presale and extra buys, then dumped them through other wallets for $4.65 million in gains. Other projects like Polychain Monsters (netting $1.7 million) and Jigstack ($1.3 million) followed suit. In total, over 15 projects were involved, many crashing 85-99% after these alleged dumps. A dump, in crypto terms, is when someone sells a large amount of tokens at once, often tanking the price and leaving retail investors holding the bag.

These moves highlight a common issue in the meme token space: early insiders cashing out big while the community pumps the hype.

The Wallet Web: Over 50 Addresses Linked

The investigation didn't stop at one or two wallets. Analysts uncovered more than 50 addresses tied to MrBeast, all connected through shared deposits from Gemini's hot wallet (0xD6210f2dc5323f4a1B4b766a0e732d6DfA26935B). This setup allowed for systematic distribution of tokens across Ethereum and Binance Smart Chain (BSC), making it harder to trace the sells back to him. It's like a digital shell game, where funds shuffle around to obscure the trail— a tactic often seen in sophisticated crypto operations, including some meme coin rugs.

The 2024 Exposé and Coffeezilla's Bombshell

Fast-forward to October 2024, when researcher Loock dropped a full report confirming the $23 million in profits, complete with on-chain evidence and DMs proving the $100K SuperVerse presale with influencer EllioTrades. Then, in November, YouTube investigator Coffeezilla released a 25-minute video that garnered 8.7 million views. He called it out plainly: “What MrBeast did was wrong, stupid, and unethical.” No disclosure to his 300 million subscribers, many of whom might have jumped in based on his subtle nods.

This lack of transparency is a red flag in crypto, especially for meme tokens where trust and community are everything.

Recent Twists: The 2025 BSC Wallet and Denials

Even as recently as September 2025, a new BSC wallet (0x0e8A2849915186Bc2a8F1A624b4bEAc552BD1570) surfaced, funded directly from MrBeast's main address via a traceable transaction. It bought 950,000 ASTER tokens for $1.68 million. Despite all this on-chain proof, MrBeast has denied involvement. His main wallet is now nearly empty, but the ASTER holdings remain visible for anyone to check on blockchain explorers like Etherscan or BscScan.

What This Means for Meme Tokens and the Crypto Community

This saga underscores the risks in the meme token ecosystem, where hype from big names can drive prices sky-high, only for early investors to exit stage left. For blockchain practitioners, it's a reminder to always DYOR (do your own research) and check on-chain data using tools like Arkham Intelligence or DeBank. Meme tokens thrive on virality, but stories like this show how undisclosed promotions can erode trust.

Will MrBeast address this head-on and change his crypto approach? Only time will tell. In the meantime, threads like this from @StarPlatinumSOL keep the community informed and vigilant. If you're into meme tokens, stay tuned to Meme Insider for more breakdowns on the latest buzz and tech updates.

The thread wraps up with a shoutout to @YEET, a platform sponsoring the content—check them out at yeet.com if you're interested in crypto tools or referrals.