Hunter Biden denies profiting from $LAPTOP as Base memecoin plunges roughly 98%

  • Hunter Biden denied profiting from LAPTOP and said neither he nor his team sold.
  • Nansen identified a LAPTOP wallet with a $117,800 unrealized loss.
  • Bubblemaps said 60% of LAPTOP top-holder wallets had no prior activity.

Hunter Biden and the LAPTOP Foundation continue to deny insider selling or personal profits after the Base memecoin suffered a roughly 98% opening-day collapse. Biden said neither he nor his team had sold tokens and attributed the initial plunge to shallow liquidity and sniper bots. The team said it would add 4 million tokens to Aerodrome liquidity pools and burn 10 million tokens within its first week, while disclosures show founders hold 30% of the 1 billion-token supply under a six-month lock followed by 24 months of monthly vesting. LAPTOP traded at $0.8562 at the time of the latest report. Nansen found one selected wallet with a $117,800 unrealized loss and another down $12,300, while Bubblemaps said 60% of top-holder wallets had no prior activity and were largely funded on launch day.

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