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Kaminari Research

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FlapJax treasury outflows, 10-28 COT: 17 transfers, 10 recipients, 9 funder groups

I read this off the chain, not off anyone's summary. Everything below can be re-run against a public BSC node.

Token FLAPJAX 0x90c8889f428F9Ebb77BB8f15CAD3a50a9aC680df

Treasury 0x7C34E9e21eE28A49Ff0b84B61774119E6633359f

Window 2026-10-28 in COT (UTC-5): 2026-10-28 05:00:00Z to 2026-10-29 05:00:00Z

First block of the day 130221520 (2026-10-28 05:00:00Z, 00:00:00 COT)

Last block of the day 130413457 (2026-10-29 04:59:59Z, 23:59:59 COT)

Method

eth_getLogs on the token contract, Transfer topic, from = treasury, in 10,000-block slices across the window. Twenty slices, zero failures. 17 logs returned. Block timestamps read from eth_getBlockByNumber; COT is UTC-5.

The 17 transfers

# Block Time (COT) Tx Recipient FLAPJAX
1 130289426 2026-10-28 08:29:31 0xbfc21c7712f9ac9a4169e211e0e341d14236fbc097fae2e03852cce1ef0e7952 0x97cd18b8bbb629b17675d868259ea84c0a2a5a9c 300,000
2 130289434 2026-10-28 08:29:35 0x76f4abaa6a14005726257d1412d9a9842af6c09a5bb6395c2604f844f9bff77d 0xfb200657f7266157a45dfcc6c09690726daa24e6 25,000
3 130289443 2026-10-28 08:29:39 0xdd2feb71c1dda3945b233ab7c924b1d1e6d52b7d3dcd4cc6354e3248df9b3da4 0x97cd18b8bbb629b17675d868259ea84c0a2a5a9c 25,000
4 130289453 2026-10-28 08:29:43 0x8c6305282436e1867eeac42b859ff947dad7f0db447af34fb8ff7185d88bb0d9 0xabc2c3daffa4c1963299da225c25f2aa7d4ddf62 25,000
5 130289462 2026-10-28 08:29:48 0xe468d224801e50cf936296a8f79b6bc9dc13d14bede24bd9945312e597b2074e 0x3d98800c64c345950e1eaaa076d88c12d1bf5f37 25,000
6 130289472 2026-10-28 08:29:52 0x7e8f90f49597397529cc81cea8723debc2dd08da35ba78999fcc2840dc4cad0c 0xdf4ff9d2f45f99f11a90b16f277d4b7edddb72a5 25,000
7 130289480 2026-10-28 08:29:56 0x0c7d758ba9955a141839d137c2830b41860eb00ccdb0bb1a10ef33829e9b1bb6 0xabc2c3daffa4c1963299da225c25f2aa7d4ddf62 300,000
8 130290580 2026-10-28 08:38:11 0x825b5c67d1cf033e9f756dcd5c69f683d77f2478ee0ee5d8f6b04d42df05c8ae 0x97cd18b8bbb629b17675d868259ea84c0a2a5a9c 300,000
9 130292025 2026-10-28 08:49:02 0x388a55851ce63aaf984e6671f305155b165c47225dc5d7dab0e47d8ce2763372 0x8c062dc5d775b7d5efc168f75a875f392f53dcdf 10,000
10 130305844 2026-10-28 10:32:43 0x69fea445443ca8d27e43d3c11f53aaa34a2edc7e997e84668409d86eb021abb5 0xfdf05af8ddce3621f01713e01721d6e9ad702ea8 25,000
11 130305853 2026-10-28 10:32:47 0x3f4d252efc70064dd841e062847aad926bebca630137787832c77b10fd246de5 0xfdf05af8ddce3621f01713e01721d6e9ad702ea8 300,000
12 130305864 2026-10-28 10:32:52 0x4f591ad86bb514247d59dbc91cf5793b0a63f22b9e73929aa4bb05946cc3f1f9 0xfdf05af8ddce3621f01713e01721d6e9ad702ea8 120,000
13 130329034 2026-10-28 13:26:40 0x00b7423c3baf0986ceda24d5286733747a5aed181106a8cf166f6319eacd94bd 0xca58696564492ef9c3229c89072365b253bda246 150,000
14 130375885 2026-10-28 19:18:07 0x41f5bc43f9d147a414d86778cfee19c21b62da0d8fed1f9e22cd04f36b283c8e 0xa21fc88bd8c17cae306089d7b00a1f5cd5ad3ee9 250,000
15 130375893 2026-10-28 19:18:10 0x36485b4966c1dbcd0198d840a865c4e97e2fec32c5f1f74cf55f5030d88bae37 0xa21fc88bd8c17cae306089d7b00a1f5cd5ad3ee9 50,000
16 130375904 2026-10-28 19:18:15 0x9af6e7e8ba53540a930d3a7c532af1637c6ccc6324067ab402693b24aff992b0 0xa21fc88bd8c17cae306089d7b00a1f5cd5ad3ee9 250,000
17 130409040 2026-10-28 23:26:50 0xcdbada2d2795f663a10fdb373337139f93b11256a6dfe102368c4538149412a5 0x2ae18c3b2fc18545edd35beeaef97cc2ed908a02 300,000

Total sent: 2,480,000 FLAPJAX

Distinct recipients: 10

Transfers: 17

First BNB funder, per recipient

A wallet that received BNB and never sent a transaction still holds it, because moving it needs a transaction. So balance 0 plus nonce 0 at head is proof that no BNB ever arrived. Six of the ten recipients are in that state and are listed as their own group, with no funder to merge them on.

Group Recipients First BNB funder Funder tx
1 0xfb200657f7266157a45dfcc6c09690726daa24e6, 0xca58696564492ef9c3229c89072365b253bda246 the treasury itself 0xa3d7042983f4f2352b9b8f324414688db10887e2b2b2a125deca9a8bec6624e7 (block 126835408, 0.0005 BNB) and 0x87443eff758296585f6d6eb7b68800ea6c73f143239e60541a6ef5b1f072d456 (block 130097514, 0.0005 BNB)
2 0xa21fc88bd8c17cae306089d7b00a1f5cd5ad3ee9 0xca7ded7e4F4Ba8aB3B10009236Ae6d1b95094589 (Relay solver) 0x322f5447e749887d2ea22c54536959d2a9f06890005c0ac2306d368e265c5840 (block 128955356, 0.0001643 BNB)
3 0x8c062dc5d775b7d5efc168f75a875f392f53dcdf 0x67F5D43CbD8129BF41aAe37A609aac44bD55DD1F 0xb5a5215482c7cade369d789258eb4da375a32d62aa0392d669e56256d6d36ed8 (block 124103796, 0.0006616 BNB)
4 0x97cd18b8bbb629b17675d868259ea84c0a2a5a9c none balance 0, nonce 0
5 0xabc2c3daffa4c1963299da225c25f2aa7d4ddf62 none balance 0, nonce 0
6 0x3d98800c64c345950e1eaaa076d88c12d1bf5f37 none balance 0, nonce 0
7 0xdf4ff9d2f45f99f11a90b16f277d4b7edddb72a5 none balance 0, nonce 0
8 0xfdf05af8ddce3621f01713e01721d6e9ad702ea8 none balance 0, nonce 0
9 0x2ae18c3b2fc18545edd35beeaef97cc2ed908a02 none balance 0, nonce 0

Distinct operators the funder groups imply: 9. Ten recipients, and the first two share the treasury itself as their first BNB funder, so they collapse into one group.

Two payees share the treasury as their first funder

The treasury funded two of its own payees with gas. Those two are not independent of the treasury by the funder test, whatever their other activity looks like.

The other two funded recipients have different first funders: one ordinary wallet and one Relay solver. Different first funders, so they stay separate groups.

Transfers I could not explain

None. All 17 transfers land on 10 addresses, and every address has a first-funder answer or a proof that no BNB ever arrived.


Re-check anything here by block number. The window is 130221520 to 130413457 inclusive.

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