$40 Million $TRUMP Profit
Kimchi is a pseudonymous trader known in the Pump.fun ecosystem for a single claimed trade: a profit of about $40 million on the official $TRUMP token, which launched in January 2025. He has never disclosed a wallet for it. Community Notes on both Pump.fun’s ad and Cohen’s announcement tell readers the figure has no public verification, and The Defiant could not identify him or find an address that supports it. He goes by no other name publicly.
His X account, opened in May 2019, has 209,000 followers. The bio reads “@pumpfun” and the location field reads “project kimchi.” The feed is almost entirely images with no caption: five posts in 2026, showing him beside sports cars, with luxury handbags, and a close-up of a chronograph wristwatch. The Oct. 15 post drew 6.6 million views.
Tuesday’s coin was not the first to carry his name. A token also called Aura Final Boss, ticker Kimchi, was launched on Pump.fun by an outside holder on July 27, according to DEX Screener. Kimchi’s wallet holds none of it. It fell 95% in 24 hours as the new one traded and is now worth about $290,000.
Six Seconds Ahead
The sequence is fixed by two records that cannot be edited after the fact: Solana block times, and the numeric IDs X assigns posts, which encode the millisecond each was published.
Kimchi’s post went up 6.0 seconds after the mint was created. He had not posted in five days.
Cohen’s announcement, the post most readers treated as the start of the partnership, came 19 minutes after the coin was already trading. He wrote that Kimchi is the first trader to become a celebrity and that the next wave of users “does not come from CT,” crypto Twitter.
Fees Locked to One Address
Every coin on Pump.fun pays its creator a cut of each trade, for the life of the coin. The platform’s own documentation warns developers to be careful which key they pass in at creation, because that key collects all of the coin’s creator fees.
The deployer did not keep them. In a second transaction in the same second as the mint, it opened a fee-sharing config for the coin and set a single shareholder at 10,000 basis points, the whole of it: Gs5FHwYLrDBmCmiv5VhBLCvyiBmBYfcPedZDqR88GYeX. Pump.fun’s profile page for that address titles it “Kimchi,” and the platform’s own holder table credits it with 75% of the coin’s supply. Solscan labels it the same way. Nothing onchain proves who holds the keys.
The instruction that sets that list “can only be called once,” Pump.fun’s documentation says, and the administrator is revoked afterward. The split cannot be changed.
That address has been paid 164 $SOL in creator fees from the coin, about $17,800 at Wednesday’s $SOL price, in four payouts between 7:18 pm and 8:23 pm ET on launch night. The coin’s creator-fee vault is now empty.
The Deployer’s First Day
The deployer’s first onchain activity is dated Oct. 20 at 19:54 UTC, about three hours before it minted the Kimchi coin. It deployed a second Pump.fun mint, FHEmkMKZy4aDsozACmJutUbELRbtjVXGBVJZVy6Cpump, at 21:24 UTC the same evening.
After sending Kimchi 750 million tokens it kept 43.1 million, or 4.3% of supply. That token account is now closed, meaning the position was sold in full. The wallet holds 375 $SOL, about $40,600.
Who controls the wallet is not established. The public Solana node used for this story does not return its funding history far enough back to trace where the 87 $SOL it spent at the mint came from. That question has gone to Pump.fun.
The trader @StaticcsSOL was named on X as the deployer. That account has not posted since August and has published nothing about the coin.
‘He’s Made 0 Dollars’
Pump.fun’s ecosystem account posted at 7:54 pm ET Tuesday that Kimchi “MADE $32,000,000 ON PUMPFUN 30 MINS AFTER JOINING.” Nineteen minutes later it posted that he had beaten his $40 million $TRUMP trade in an hour. The two posts have drawn 1 million and 817,000 views and about 1,000 replies between them.
The replies turn on the gap between market value and liquidity.
“He’s made 0 dollars. Hope this helps,” wrote the account kmonchain. Another trader, Samualxyz, wrote that Kimchi “didn’t make anything,” and that supply was sent to him without being touched or sold. The account magsimich put the amount Kimchi could withdraw at about $1.2 million.
“Worrying when a protocol of this size doesn’t understand the basics of liquidity,” wrote the account ScottLEOWarrior.
Others took issue with the target audience. The post “is so deceptive to normies,” wrote the account zogfried. The account Retail_is_here_ wrote that the post insulted the intelligence of the mainstream users it was aimed at, and that the first question anyone would ask is how the money was made.
The $PUMP Came From Binance
Onchain analysts reported that Kimchi-linked wallets moved 1.35 billion $PUMP, Pump.fun’s own token, around the announcement, and the figure was read in two directions: as a signing fee paid in $PUMP, or as Kimchi buying into the platform.
The tokens came from Binance. The first transfer into Kimchi’s $PUMP account, at 22:30:36 UTC, was sent by 5tzFkiKscXHK5ZXCGbXZxdw7gTjjD1mBwuoFbhUvuAi9, the hot wallet Solscan labels “Binance 2.” Transfers continued through 23:04 UTC, half an hour either side of the launch.
The wallet still holds 1.35 billion $PUMP, worth about $6.9 million at Wednesday’s price. None of it has been sold. Accounts describing the position as a $6.43 million sale have the direction wrong: the tokens were withdrawn from an exchange, not disposed of.
In the vlog he posted that night, Kimchi said he had invested in Pump.fun. The size and terms of any arrangement have not been published.
Where the Supply Sits
Kimchi’s wallet holds 750 million of the 996 million tokens in circulation, or 75%. At Wednesday evening’s price that stake is worth about $21.5 million against roughly $1.33 million of liquidity across all 30 pools, so it cannot be sold at anything close to the quoted price.
The coin peaked near a $44 million market value on launch night by DEX Screener’s pool data; Pump.fun’s coin page puts the peak at $48.3 million. It traded at a $28.5 million market value on Wednesday evening on $57.9 million of volume across all pools in 24 hours, according to DEX Screener.
$PUMP rose 7.7% over 24 hours as of 6:20 pm ET Wednesday, against a 1.9% gain for Bitcoin and 0.7% for Solana, CoinGecko data shows. The token is up 8.5% over seven days and 19% over 30 days, and trades 42% below its September 2025 record.
What Circulated on X
Two posts drove the scrutiny. The trader fabiano.sol laid out the timing and asked whether someone had created a Kimchi token by pure luck. The account zeropnl posted the deploy transaction under the headline that Kimchi and Pump.fun had extracted more than $1 million in an hour, a post with 198,000 views.
Checked against the chain:
Pump.fun’s ad post and Cohen’s announcement both now carry Community Notes telling readers the $40 million $TRUMP profit that made Kimchi’s name has no public wallet verification. The note on Cohen’s post adds that wallets associated with Kimchi show repeated early bundling and sniping of launches followed by sells. The Defiant has not independently verified the wallet activity that note describes.
A $45 Million Month
The signing comes as Pump.fun defends a lead in a market it no longer dominates by default. It generated $45.4 million in revenue over the 30 days through Tuesday, against $19 million at rival trading app Fomo, according to DefiLlama. Its PumpSwap exchange generated a further $116.3 million in fees over the same period.
The $PUMP buyback, which DefiLlama records as holders’ revenue, ran at about $980,000 on Tuesday, in line with the four preceding days.
The company is defending a class action in New York that alleges its design lets insiders trade ahead of retail buyers.
To Be Sure
Pump.fun’s posts did not say the position had been sold, and market value is the figure traders and data sites use to describe memecoin holdings. A holder of 75% of a supply can sell into liquidity over time rather than at once, and the coin traded about $58 million of volume in its first day, roughly 44 times the depth standing in its pools at any moment.
Routing creator fees to a named address is a documented Pump.fun feature rather than a workaround, and the platform publishes the instruction that does it. Nothing in the onchain record establishes who controls either wallet. The fee recipient is identified as Kimchi’s by Pump.fun’s own profile page and by Solscan’s label, not by any signature or disclosure, and the deployer is unattributed.
The arrangement follows a run of Pump.fun products built around trading personalities. The platform moved to tie its callout rewards to followers’ profits this month, days before Bubblemaps alleged that wallets linked to one of its callers traded ahead of those calls. Earlier products aimed at a wider audience drew their own criticism: the company halted its livestreaming feature after users went to extremes to promote coins, and its GO bounty platform drew backlash over extreme listings at launch.
Neither Pump.fun nor Cohen has addressed the launch timing or the criticism. The company’s accounts have posted since on cross-chain trading, a tokenized pre-IPO product, price moves and new user welcomes.
