In the wild outskirts of decentralized finance (DeFi), a new feathered friend took flight: $HAWK, a token hatched from the buzzing fame of internet personality Hailey Welch.

Yes, that’s right—she of the viral “Spit on That Thang” fame. Before you roll your eyes, just know that this market spectacle made even seasoned speculators wonder if they’d drunk too much Kool-Aid (or been spat upon in the process).

Setting the Stage

The drama unfolded on Polymarket, a betting platform where traders were invited to gamble on the future market cap of $HAWK. For hours, the token's price danced between $20 million and $30 million, as speculators battled for supremacy. But as the 24-hour deadline loomed, a new player swaggered onto the stage, ready to shake things up.

Manipulation by Moonlight

At 4:52 PM, just 16 minutes before the decisive deadline, a new buyer emerged and dramatically shifted the landscape. Over a span of roughly 16 minutes—between 4:52 PM and 5:08 PM (the market’s resolution time)—this wallet accumulated approximately $47,000 worth of $HAWK tokens. This last-minute surge was all it took to push the token’s valuation squarely above $30 million.

The Buyer: “SirShrek69”

Enter stage right, SirShrek69 - a buyer with a penchant for theatrics and an apparent allergy to anything less than maximum profits. In the final act before the market's curtain call, SirShrek69 snapped up a cool $47,000 worth of $HAWK tokens, catapulting the price beyond the $30 million mark. Not content with just that, our audacious buyer then took to the chat to boast:

• “You can all thank me guys. I pushed the price above 30 Cents with 40k,” he wrote, shortly after driving the FDV above $30 million.
• He further challenged skeptics to verify his claim:“If anybody cares, I was the one who bought $40k worth last few minutes to move it above $30M. Thankful for any donations. If you don't believe me, feel free to just send the donation to the wallet that pumped the price: 3Vs9BTM11BBu8tPLaR8fpfKVJdgBKxsHydnaDUunGipS.”

In the moments leading up to the 24-hour mark, SirShrek was at many points the the only buyer.

The chat reacted swiftly and intensely. Responses ranged from disbelief to admonishment:

• “don’t fuck it up”
• “guy confess that he did a crime in a chat. these zoomers”
• “delete message, uma may not like this”