@yzzzbtc raised $STONK first this week, posting on Oct 11 at 18:38 UTC with 'hearing things' while quote-tweeting a Solana post about 82 million new users.
[1]← Narrative indexOct 11 – Oct 17 UTC Every claim links to the posts behind it01 02 03 04 05 06 07 08 09 10 11 12 13 6 posts on X 2 weeks
Microtrend / Rank 21 / Week of Oct 11 – Oct 17 / 2nd week running (was #19)
$STONK Flows Diverge: Whales Bid $516K in 24H as Retail Sells and Buybacks Keep Burning Supply
Peak / day8tracked accounts
Peak dayTueOct 13 · busiest day in the panel
Rest of X / peak day—not measured outside the panel
Cited claims131 dropped by automated checks
Market—no token attached
Attention
Who was talking, day by day
Tracked paneldistinct tracked accounts / day
What happened
@yzzzbtc raised $STONK first this week, posting on Oct 11 at 18:38 UTC with 'hearing things' while quote-tweeting a Solana post about 82 million new users. Whales were net bidding $STONK: $516K net inflows from whales over the past 24H, with market makers accumulating a net $164K over 7 days, per @skmakeit. Heavy net outflows from small retail wallets over the past 7 days were the main downside concern cited by @skmakeit, alongside massive purchases (a buy order) from major investors.
+ 10 more in the evidence register ↓Why it matters
The $STONK debate this week is no longer about whether buybacks exist but about who is actually buying: @skmakeit's whale and market-maker flows versus retail selling, against @leoaraiz_btw's burn math showing the same revenue removes more supply at a $90M mcap than it did at the highs. That split is what produced the week's most-cited counterpoints — @mangusxbt's "slowly dying" @LaunchOnSF ecosystem call and @fredvelezcrypto's warning that roughly $20.8M in cumulative StonkFun buyback spending still left $STONK about 70% below its high.
Observed reaction
leaning_bullish
Spread
Where it started and who carried it
- First seen
- Oct 11, 18:38 UTC by @yzzzbtc
- Accounts
- 16 tracked · 4 elsewhere on X
- Communities
- memecoins solana (13), perps trading (1), eth defi (1), base farcaster (1)
- Key accounts
- @jussy_world, @yzzzbtc, @loshmi, @eeelistar, @skmakeit
Explainability
Evidence register
Whales were net bidding $STONK: $516K net inflows from whales over the past 24H, with market makers accumulating a net $164K over 7 days, per @skmakeit.
[1]Heavy net outflows from small retail wallets over the past 7 days were the main downside concern cited by @skmakeit, alongside massive purchases (a buy order) from major investors.
[1]On Oct 13 @skmakeit described $STONK after 'yesterday's final capitulation': a new price low, whales net bidding and retail net selling over the prior 24H, and retail wallets as the primary contributors to 7-day sell pressure after whales switched back to net accumulation.
[1]@leoaraiz_btw said $STONK is down over 70% from ATH with revenue down as Pumpfun dominates market share, but 7D revenue was $1.35M with $677k in buybacks and 20%+ supply burned.
[1]@leoaraiz_btw said weekly buybacks average $97k/day, roughly 0.1% of supply burned per day, which at a $90M mcap is 880k tokens a day; 20.7% of supply is gone with no unlocks and over $90M paid in holder rewards.
[1]@leoaraiz_btw named $ZCAT, $SI and $MASK as the runners, all well above $10M mcap, and said it is still just one month since StonkFun gained traction.
[1]@mangusxbt said the @LaunchOnSF ecosystem is 'slowly dying': its biggest memecoin is at $40M mc, $STONK is down -70% from ATH, and PumpFun is regaining most mindshare.
[1]@fredvelezcrypto cited $PONS roughly -65% from ATH and $STONK roughly -70% from ATH, and roughly $20.8M in cumulative token buyback spending associated with StonkFun, to argue buybacks do not guarantee price appreciation.
[1]@mrpowers23 called it 'probably a generational bid on the $stonk eco,' naming $zcat, $feelsgood, $knots and $nearkat.
[1]@mrpowers23 posted about burning 1M $STONK.
[1]@eyecookmemes listed $STONK alongside $ZEC, $NEAR, $VVV, $ZAMA, $MON and $GRASS as tokens on @LaunchOnSF worth holding.
[1]@yzzzbtc posted 'interact if you are bullish on $stonk' and 'early not wrong.'
[1]Angles
- Whale vs retail flow split: $516K whale net inflows in 24H, $164K market-maker accumulation over 7 days, against heavy small-wallet outflows
- Burn-adjusted value: $97k/day weekly buyback average = ~0.1% of supply burned daily, 20.7% gone, no unlocks, $90M+ in holder rewards
- The bear counter-argument: $STONK -70% from ATH, Pumpfun regaining mindshare, LaunchOnSF's biggest token at $40M mc
- $20.8M+ of cumulative StonkFun buyback spending with the token still ~70% below its high, per @fredvelezcrypto
- @mrpowers23's "$stonk eco" basket: $zcat, $feelsgood, $knots, $nearkat, plus a 1M $STONK burn
- Revenue share risk: @leoaraiz_btw noting revenue has fallen as Pumpfun dominates share
Formats in use
- flow_and_onchain_stats
- accumulation_callout
- supply_burn_math
- bearish_thread
- engagement_bait
Risks
- Flow figures ($516K whale inflows, $164K market-maker accumulation, $97k/day buyback average) are self-reported by accounts and were not independently verified
- Several posts (e.g. @yzzzbtc's "hearing things" quote-tweet of Solana, "interact if you are bullish") are engagement-driven hype rather than evidence of a new development
- Explicit accumulation and 'place to add' calls from @skmakeit are trading positioning and should not be repeated as recommendations
- Whether buybacks translate to price is disputed in-thread: @fredvelezcrypto states buybacks do not guarantee price appreciation
- Promotional/incentive relationships between posters and StonkFun or LaunchOnSF are not disclosed in the posts
Observed content
Most-engaged posts
hearing things $stonk remember, things can go from 0 to 100 real quickOpen on X →
Whales were slamming bids into $STONK over the past 7 days $516K net inflows from whales over the past 24H alone Market makers are net bidding these levels too with net $164K accumulated over the past 7 days Excellent foundational structure forming at this level, excellent plOpen on X →
interact if you are bullish on $stonk early not wrongOpen on X →
$STONK is down over 70% from ATHs Revenue has gone down as Pumpfun dominates market share But 7D revenue is $1.35M and $677k in buybacks with 20%+ supply burned, which is very decent imo I still think stonkfun has more in them, it’s not just another launchpad like PONS, they’Open on X →
Wow $STONK looks excellent after yesterday’s final capitulation 👀 Over the past 24H: • price made a new low • whales net bid • retail net sold In the past 7 days, retail wallets are primary huge contributors to current sell pressure with huge net outflows Whales already switOpen on X →
$STONK is still burning decent supply even at these prices Weekly buybacks avg is $97k/day which is ~0.1% supply burned per day At $90M mcap that’s 880k tokens a day, if it just consolidates here, the same revenue removes more supply than it did at the highs 20.7% already gonOpen on X →
History