Crypto Influencer Collects $1M in Ethereum for Free in Bizarre Social Experiment

2023-5-31 12:00

Pauly0x, a crypto influencer, collected close to $1 million after asking followers to transfer Ethereum to his yougetnothing.eth wallet.

The social media personality responded by calling the cryptocurrency sector “an absolute joke” on Twitter.

Crypto Influencer Asks for ETH, Offers Nothing in Return

On May 30, Pauly0x made a public address available to the community for receiving Ethereum. It was accompanied by a GIF of the “You Get Nothing!” sequence from Charlie and the Chocolate Factory.

Pauly reported that the account had received around $80 in Ethereum after the first seven minutes. The tweet had 1.2 million views in one day, which helped the collection climb over $1 million.

At press time, Etherscan reveals that the wallet balance has over 579 ETH.

Total ETH in Pauly0x Wallet at press time. Source: Etherscan

Pauly congratulated the individuals who joined the “million dollar club” today on Twitter, saying they will “literally receive nothing.” “If there is anything you learn from following this account,” he said, “I hope it’s that you should never take any of these literal A**CLOWNS seriously.”

The mascot of the infamous PEPE meme coin, Pepe the Frog, was quickly used as a pump by users of the Pepe community in their responses to the statement.

Several Accounts Transfer Their Entire Ethereum Balance

On-chain auditor Harrison revealed that 3,000 transactions sent around $600,000 to the address. 43 wallets even sent their entire balance of more than 0.5 ETH.

Twitter User DisruptionJoe.eth believes that some are sending money to the wallet because they were hoping for something in return. Others might be laundering their money or cleaning their wallets for tax purposes.

Even if these are simply conjectures, it is intriguing that several amounts are repeated across the transfers. 

A transaction of 544 ETH from the MEXC exchange to a user who sent Pauly 10 ETH. Source: Etherscan

Ten addresses sent between 5 and 7 ETH to the account, while three sent 10 ETH. Six addresses transferred between 3 and 4 ETH and 42 addresses sent 1 ETH.

One of the addresses that sent 10 ETH appears to have been first activated on May 22, according to Etherscan. Oddly, 544 ETH from the crypto lending exchange MEXC was the first transaction to that wallet.

The post Crypto Influencer Collects $1M in Ethereum for Free in Bizarre Social Experiment appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3119.92 (-0.34%)
Объем 24H $35.177b
Изменеия 24h: -0.02 %, 7d: -2.73 %
Cегодня L: $3039.69 - H: $3145.41
Капитализация $375.725b Rank 2
Цена в час новости $ 1866.89 (67.12%)

ethereum crypto influencer experiment bizarre social free

ethereum crypto → Результатов: 126


Crypto Staking Vs. Crypto Mining: Ethereum Crypto Investors Turn to BlockDAG’s Home Mining for 30,000x Potential ROI

As cryptocurrency markets continue to captivate investors, Ethereum’s persistent volatility makes headlines with its recent price swings from $2,273 to $2,383. This instability, however, has not dampened the bullish forecasts for Ethereum, especially as it transitions to a proof-of-stake model with Ethereum 2.

2024-4-26 16:57


Фото:

Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […]

2021-1-13 01:00


Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft

Ethereum's Vitalik Buterin revealed his thoughts on solving the problem of crypto-wallet security. Undoubtedly, the crypto economy is in need of better security for wallets. Many exchanges now keep a The post Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft appeared first on AMBCrypto.

2021-1-12 02:30


Фото:

Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […]

2020-12-15 23:00


Фото:

Data Shows Interest in Ethereum is Crashing; Here’s Why This is Bullish

Bitcoin has been causing the entire crypto market to see some uncertainty, which has had grave impacts on Ethereum and many other altcoins Ethereum is now consolidating alongside the benchmark crypto as it trades within the $350 region Where it trends next will likely depend on whether Bitcoin breaks out, or breaks down, from its range between $10,600 and $10,800 One analytics platform is noting that data shows Ethereum’s social volume is crashing at the […]

2020-10-1 23:00


Фото:

Ethereum’s Macro Price Structure is Flashing Warning Signs; Things to Consider

The bear-favoring volatility seen by the aggregated crypto market yesterday has once again caused Ethereum to decline beneath the $200 price level The cryptocurrency is now flashing signs of growing weakness as multiple moving averages begin invalidating all of ETH’s macro bullishness One analyst believes that this present technical weakness could lead ETH to move back towards its yearly open Ethereum saw a sharp decline yesterday alongside Bitcoin and the aggregated crypto market. After tapping […]

2020-5-16 23:00