On October 12 2026 Adam Weitsman made a post that he had bought 117 Pudgy Penguins to support the Pudgy Collection, this was then immediately quoted and reposted by many KOL's
https://x.com/AdamWeitsman/status/2109414248711381383?s=20
Of course all the KOL posts were paid for, this can be seen by Broski's post revealing he had been reached out to to promote Pudgy Penguins for $2500
https://x.com/0x_broski/status/2109573142213443657?s=20
Though what makes this interesting is that the wallet used to "buy" all the Pudgies is a wallet that went live 5 days ago, funded through Kraken for 353 ETH, i.e the SAME day that Abstract announced it's shutdown, in fact it was funded within 2 minutes of the announcement being made
Announcement was made at Oct-06-2026 07:32 PM +UTC
While the wallet was funded at Oct-06-2026 07:34:23 PM +UTC for 0.1 ETH then the rest 3 minutes later
How peculiar for "Adam" to immediately fund a wallet right after the shutdown announcement
353 Funding: https://etherscan.io/tx/0x6d023f90d451fbb051a5ab259142aa4cdf3c5ad0d00a18f7f16cdc589a25a098
It gets even more peculiar when you see that this wallet goes on to buy just under 50 on that day, and then another 27 or so over the next 2 days, spending roughly $370k, before then transferring out 253 ETH to this wallet "0x0D074Ceeaf5673FA8335BFC91b7E3A35312028B3" @ Oct-10-2026 02:59:23 AM +UTC
https://etherscan.io/tx/0x0b6fe42ef482beb3a7b0de379806e0561404ebd8ca261916b123a11c6a4684bf
However only 12 or so hours later does said ETH get transferred back to "0xb972C97213a47Bf58fE2cCe28eB3e2F65C842F97"
https://etherscan.io/tx/0x03f2e1b234bb12067f08276eff7c7a1de7420ce2b61472669bff83b60bbef7cc
Which then commenced another mass buy through Blur and Opensea, here we can see the transfer out and then in and swapping to WETH
Over the weekend or specifically the 11th of October 80 were bought, this is contrary to Adam's claim of buying 117 "this weekend"
The first 3 Pudgies were bought @ 2026-10-06 19:43:47 UTC (The 6th of October 2026)
IDs: 788, 5219, 2328
https://opensea.io/b972C9/activity
Breakdown of NFT's bought by date
After all this buying the wallet still holds 35 ETH , so could technically buy another 10 or so pudgies
Now, after all the buying stopped (2026-10-11 22:24:23 UTC, 11th of October) the first nft's were transferred out 10 minutes later at 22:32:23 UTC 2026-10-11 with all transfers of the 116 NFT's ending at 23:42:59 UTC
https://etherscan.io/tx/0xb54074676d563ef7fc81843e249bf238f4979267e2ac4cf03ef351cb369aa006
All NFT's were transferred to "0x250DC85178fB6859e9eE02c925d46AAb946a55E7"
https://opensea.io/AdamWeitsmanGallery
What creates doubt that Adam bought these NFT's himself are several things:
~ The wallet was funded 2 minutes after the Abstract Shutdown announcement
~ He claims the NFT's were bought over "This Weekend"
~ He has an Alt that he uses to buy NFT's and it was NOT used to buy these NFT's
~ The weird behavior where after buying 37 NFT's (before "this weekend") funds were transferred out and then again back several hours later
~ The outreach to PAY KOL's to promote Adam's post
~ And then the several KOL's who have quoted the post with nothing but nice things to say about it
All of these points to Pudgy team having spent over 1 Million (Counting KOL fees) to find a "higher" floor for Pudgy Penguins price and create a positive Narrative using Adam (a convicted criminal)
Day by Day Wallet activity:
October 6, 2026 — Funding + Initial Buying
- Funding: Received 0.1 ETH then 373 ETH from 0xf30ba13e4b04ce5dc4d254ae5fa95477800f0eb0.
- Immediately started buying on Blur: Multiple “Buy Locked ETH” and “Take Ask” transactions (roughly 3–12 ETH each). Spent ~70.5 ETH total that day on Blur Blend + Marketplace + a few Seaport fulfill orders.
- Activity concentrated in the evening (19:34–23:00 UTC). (Afternoon in NY where Adam is from)
October 7, 2026 — Continued Buying + First Deposit
- 4 transactions.
- Continued small buys on Blur (~3.3 ETH each via Fulfill Order / Take Ask / Buy Locked ETH).
- 20:22 UTC: Deposited 10 ETH into Blur Pool. (Afternoon in NY where Adam is from)
October 8, 2026 — More Buying + Larger Deposit
- 8 transactions.
- 01:34 UTC: Deposited 20 ETH into Blur Pool.
- Afternoon: Several “Buy Locked” + Take Ask Single / Fulfill Order (~2.85–2.89 ETH each) on Blur Marketplace.
- Net ~28.6 ETH out.
October 10, 2026 — Large Internal Move + Deposit
- 02:59 UTC: Sent 253 ETH to 0x0d074ceeaf5673fa8335bfc91b7e3a35312028b3.
- 13:16 UTC: Received ~253.1 ETH back from the same address (plus a tiny dust amount).
- Many tiny dust transfers (spam-like) from addresses starting with 0x0d07....
- 23:29 UTC: Deposited 30 ETH into Blur Pool.
- Net roughly flat on the big transfer, plus the 30 ETH deposit.
October 11, 2026 — Heavy Buying + Final NFT Transfers Out
- 56 transactions (busiest day).
- 15:49–15:50 UTC: Deposited 40 ETH + 30 ETH into Blur Pool (total 70 ETH that afternoon).
- Afternoon/evening: Large volume of “Buy Locked” interactions with Blur Blend (many zero-value main txs) plus several significant Take Ask / Take Ask Single buys:Notable outs: ~84.5 ETH, 11.7 ETH, 12.8 ETH, 8.2 ETH, 8.4 ETH, and smaller ones.
- Late evening NFT outflow (22:32–23:42 UTC) : Safe Transfer From → Pudgy Penguins contract. Set Approval For All on Pudgy Penguins. Multiple Bulk Transfers via OpenSea Transfer Helper (0x0000000000c2d145a2526bd8c716263bfebe1a72).
Summary of Blur Pool deposits: 10 + 20 + 30 + 40 + 30 = 130 ETH total deposited.
