$WET Presale Scam? “Ramarxyz” Buys 70% with 1,000+ Wallets and Asks for Refund

The Solana-based DeFi project HumidiFi’s $WET token presale turned chaotic on December 5, 2025, when blockchain analytics firm Bubblemaps uncovered a massive Sybil attack. A single actor, alias “Ramarxyz,” allegedly commandeered over 1,000 wallets to snag 70% of the allocation—1,100 out of 1,530 addresses—within seconds via Jupiter’s Decentralized Token Formation (DTF) launchpad. The presale sold out almost instantly, leaving retail investors sidelined.

The Exploit Unraveled
Bubblemaps’ on-chain sleuthing revealed suspicious patterns: Fresh wallets with zero history, funded uniformly with 1,000 USDC each from a handful of centralized exchange-linked addresses in a tight window. This masked the attack as broad participation. A “slip-up” in one cluster traced funds to a private wallet tied to @Ramarxyz’s Twitter history. The haul? Over $1.1 million in $WET tokens at presale prices. Adding insult to injury, Ramarxyz publicly suggested HumidiFi refund the sniper’s share—despite the blatant manipulation.

HumidiFi swiftly halted the launch, voided bot allocations, minted a new $WET token, and pledged prorated airdrops to verified legit buyers—explicitly barring the attacker. A relaunch is underway with enhanced safeguards.

Why This Rocks the Crypto Boat
This isn’t isolated—November saw similar hits, like a single entity claiming 60% of aPriori’s APR airdrop and 30% of Edel Finance’s EDEL supply. Sybil attacks erode trust, amplify volatility via post-launch dumps, and spotlight presale vulnerabilities like absent anti-bot filters or wallet caps.

Community backlash exploded on X: Calls to blacklist Ramarxyz’s wallets, demands for KYC/whitelists, and memes roasting the audacity. Bubblemaps CEO Nick Vaiman warned these exploits are “critical” threats, urging better on-chain monitoring.

Safeguards for Safer Seas
Investors: Vet presales via tools like Bubblemaps; shun un-audited contracts; track funding flows. Projects: Deploy rate limits, CAPTCHA, or progressive allocation. As Solana’s meme/DeFi frenzy grows, this saga underscores: Fair launches demand vigilance, or snipers steal the show.

In sum, $WET’s drama is a wake-up call—transparency triumphs over tricks. Stay sharp, degens.