Philanthropist or Predator? The Cryptocurrency Business Insights of Global Top Influencer "Mr. Beast"

Author: Frank, PANews

MrBeast, a top influencer in the global internet world, has over 440 million YouTube subscribers and has built a content channel centered around generosity, extreme challenges, and huge prizes. From recreating "Squid Game" to paying for cataract surgeries for thousands of blind people, MrBeast's public image is seen by countless fans as an embodiment of generosity and kindness.

However, beyond the glamorous video content, a parallel world is quietly operating - the high-risk, high-reward realm of cryptocurrencies. Here, MrBeast's reputation presents a starkly different picture. Reports from on-chain detectives and the crypto community portray MrBeast as a shrewd investor, accused of leveraging his unparalleled influence to engage in a series of token operations suspected of "pump and dump," extracting tens of millions of dollars in profit from the fervor of his followers.

So, what is the truth? Is this global top influencer really exploiting the trust of his fans to harvest wealth? How extensive is his crypto investment landscape, and what staggering scale of profits has he achieved? PANews will delve deeper, attempting to unveil another controversial side of MrBeast in the crypto world.

The investment journey of top internet celebrities begins with making millions from NFTs.

From the analysis of on-chain activities, MrBeast's wallet address can be traced back to June 2020, with initial operations primarily focusing on staking for some DeFi projects. Although DeFi staking has become a common practice in the crypto industry today, when we rewind the timeline to 2020, we find that such operations were highly pioneering.

This leading edge was further validated in the operations of CryptoPunks. In October 2020, MrBeast's address began purchasing multiple CryptoPunks NFTs, with individual costs ranging from $1,400 to $4,850. This phase marked the eve of a crazy surge for CryptoPunks.

In February 2021, MrBeast announced with great fanfare that he had purchased eight CryptoPunks NFTs, and combined with previous purchases, he had bought over a dozen CryptoPunks NFTs in total. With a large number of entertainment and sports stars also showing interest in the market at that time, the floor price of CryptoPunks skyrocketed. By August, MrBeast began to sell off some of his NFTs, with the highest sale being CryptoPunk #7200 sold for 120 ETH, which was approximately $389,500 at the time, compared to the initial cost of $2,166, resulting in a profit of over $380,000 from this one NFT, an increase of more than 178 times.

Of course, this is just a glimpse of MrBeast's operations in the NFT space, with the profits from just the initial purchase of four CryptoPunks exceeding $1 million. According to on-chain traces, this address has executed hundreds of transactions solely in the NFT domain.

It can be said that MrBeast's attempt in the NFT space is a small trial in the crypto field, and it is also one of the few crypto operations he is willing to publicly acknowledge. However, it is precisely the high profile during this stage that left clues to wallet addresses with verifiable on-chain associations.

After earning the first bucket of gold through NFT trading, this marked "main wallet" began to exhibit a complex operating pattern far beyond that of ordinary retail investors. On-chain data shows that the funds and tokens have not simply remained in the main wallet, but have been systematically distributed to a vast network composed of more than 50 secondary wallets.

This sophisticated multi-wallet architecture indicates that it is not just MrBeast himself acting on a whim for personal transactions, but rather a well-organized and planned professional team conducting the operations.

MrBeast's Profit Machine: The Wealth Code of Over $23 Million

If NFT investment is just the beginning of MrBeast's journey into crypto, then the subsequent series of altcoin investments truly reveals how he converts influence into astonishing profits.

Among all investments, SuperVerse is undoubtedly the most profitable and the most controversial one. With an initial presale investment of only $100,000, the operation ultimately generated an estimated profit of $11.45 million, yielding a return of up to one hundred times.

According to leaked chat records, MrBeast promised to invest $100,000 in the project's presale. In return, he obtained early private placement shares at a very low price of only $0.02 per token, which ordinary investors cannot reach.

After the public issuance of the token, MrBeast began to leverage his massive social media influence for "promotion." On May 12, 2021, after the project founder tweeted about market opportunities, MrBeast replied below with a single word: "super?" This seemingly casual interaction was nothing short of a strong bullish signal for his tens of millions of fans.

The most controversial scene has occurred. On-chain data shows that on the same day MrBeast posted a promotional tweet and in the following 72 hours, the wallet network associated with him began and is conducting a large-scale sell-off. Within just three days after the tweet, approximately $200,000 worth of $SUPER tokens were sold. In the following months, as the token price soared over 50 times due to celebrity effect, the wallet network systematically liquidated almost all of its holdings through up to 751 transactions, turning the huge unrealized gains on the books into real profits.

Ultimately, after the fervent retail investors bought in at a high, the price of the $SUPER token plummeted by over 90%, leaving many fans who followed MrBeast's signals with significant losses.

The success is not an isolated case, but rather part of its systematic investment strategy. The same pattern has been replicated in multiple other projects. Behind several projects like Ethernity Chain and Polychain Monsters are MrBeast or his team's background. According to

According to Lookonchain's statistics, at this stage, MrBeast's address earnings may exceed $23 million. Compared to the average internet celebrity entering the crypto space, MrBeast can be considered one of the most successful influencer players.

The Mystery of Wallet Ownership: Funds, Denial, and Shifting Blame

With the exposure of enormous profits, MrBeast's public image has begun to suffer unprecedented blows. Once a charitable idol, he is now labeled as "farming fans" and "insider trading." Under the immense pressure of public opinion, MrBeast and his team have initiated a series of public relations efforts aimed at distancing themselves from the situation, which has made the true ownership of the wallet and the identity of the operator become increasingly unclear.

In 2024, faced with increasing protests from the community and clear operational details on-chain, MrBeast had to confront the anger from the crypto world.

MrBeast did not deny the connection of these wallets, but attributed the improper operations to a crypto fund. He claimed: "These investments were made and managed with the consultation of industry experts to ensure full compliance with all applicable rules and regulations. The wallet is not owned or managed by Jimmy, but by a fund led by respected and experienced managers. The fund closely evaluates and reviews hundreds of opportunities, resulting in multiple investments."

In summary, these wallets are related to me, but I do not operate them. However, this ambiguous attitude of partial acknowledgment has not earned the forgiveness of the community. The news about MrBeast's involvement in fraud and insider trading is mentioned with every move he makes.

Until September 2025, as MrBeast's wallet address bought into the popular ASTER token again, by October 1, MrBeast had spent a total of $1.68 million to buy 950,000 ASTER. This move once again sparked speculation in the community about his imminent "pump". However, this time, MrBeast's reaction was unexpected for everyone. In response to the community's discussions, he publicly issued a statement, directly denying the investment, stating that he "had never heard of this coin" and that "that is not his wallet."

This direct and complete denial fundamentally conflicts with the previous statement of "managed by the fund." It has also led the community to develop new speculations: either MrBeast is lying, or the "fund management" is indeed operated by a third party, of which he is unaware.

Regardless of which situation is true, the fact remains that these projects were once promoted directly or indirectly with the help of him or even by him. As for the actual situation? Perhaps the term "fund management" is more reliable.

After all, the various traces of the past have proven the connection between MrBeast and this wallet address. However, it may not be realistic for a billionaire entrepreneur worth over $1 billion to engage in such complex on-chain operations and research.

Behind MrBeast's case lies another sense of helplessness in the crypto world. As the market capitalization of crypto assets continues to grow and move into the mainstream spotlight, the crypto market is becoming a low-risk cash machine for influential individuals and businesses. More and more celebrities and influencers are trying to monetize their influence through the crypto world, only to later disassociate themselves with a statement. This has become a common practice. Behind this, for the natives of the crypto market, the most important takeaway in the absence of regulation may be simply this: in the tide of influencers merging with capital, staying clear-headed and cautious is your only safeguard.