ChainCatcher reported on November 11, 2026, an on-chain investigation dated November 10, 2026. That investigation says addresses associated with Ascend, described as Elysium’s issuance platform, moved about $140,000 through two privacy pools into three new wallets and bought MONTRA within minutes of launch.
MONTRA is the platform token of Montra, also described as Elysium’s issuance platform. It launched at 00:36 UTC on November 10, 2026. The co-founder of Ascend is identified as CryptoTomYT.
The tokens were sent into the same FOMO wallet. That wallet holds 32,014,541 MONTRA, about 3.2% of supply, and itself has no buy record.
Path A. On November 10, a wallet deposited 40,000 USDC into Privacy Cash on Solana. Forty-seven seconds later an equal amount was withdrawn, swapped for 530.57 HYPE, used to buy 6,846,772 tokens, and then transferred out.
Path B. On November 9, 100,328.25 USDC was deposited into a privacy pool on Base and an equal amount was withdrawn in the same hour. Two new wallets on this path bought about 25.6 million tokens within roughly five minutes of launch. Launch fees on those buys reached as high as 23.2%.
The investigation further says the Path A deposit wallet had received 27.7 SOL from ethanhates.sol and later sent about $66,200 to an address CryptoTomYT has claimed. Path B’s initial funds came from a FOMO account that Arkham labels analyzationz. Other outflows in the same hour funded 10 additional new wallets. Together with the buyers above, those wallets hold 25.8% of LAUNCHPAD supply.
Original report: ChainCatcher, November 11, 2026.