The Approval Drain: How to Spot a Fake Wallet Connect Before It Empties You
Learn how approval-drain scams work and the exact steps to check before you ever hit 'Connect…
4 min read · 2026-08-20
Fresh from @empiresolneargrad
Loading live Near Graduation alerts…
Screen: liquidity at least $5.0K, at least 50 holders, top-10 wallets holding at most 40 %. Charts open on GMGN.
Reading the Near Graduation lane
A Near Graduation alert means a token is close to finishing its bonding curve and moving to an open pool.
Put simply, the first hours of a token decide most outcomes. Bags Casino follows Near Graduation on Solana because that is where supply, liquidity and holder spread are still settling.
On Solana, a curve that completes tells you demand existed. It does not tell you who holds the supply. Bags Casino pairs every Near Graduation print with a look at holders and liquidity.
Quick test: Compare market cap with liquidity. A small pool under a large cap means a thin exit. Check the top ten holders, the share held by the deployer and whether liquidity is locked or burned before anything else.
From the @empiresolneargrad lane
Snapshot of 2026-09-24: alerts Bags Casino pulled from the @empiresolneargrad lane, with the market data printed at alert time.
- 05:47 UTC · BYX entered the lane at $43.5K; pool depth $25.4K, 234 holders.
- At 05:43 UTC the feed caught MOJO: cap $31.9K, liquidity $107.5K, 88 holders, top 10 holding 25 %.
- SHIBA alerted at 05:31 UTC. Market cap $25.7K, liquidity $12.6K, 560 holders.
- 05:29 UTC · BALLSACK entered the lane at $25.6K; pool depth $19.5K, 359 holders.
- Gooner alerted at 05:23 UTC. Market cap $35.1K, liquidity $15.9K, 219 holders.
- At 05:17 UTC the feed caught POLAR: cap $45.1K, liquidity $25.8K, 193 holders, top 10 holding 20 %.
- . printed at 05:13 UTC with a $28.6K market cap and $13.5K in the pool, 255 holders.
Recorded values, not live prices. Charts open on GMGN with the publisher's referral code.
How Bags Casino filters
Filters are a choice, not a truth. This is the choice Bags Casino made for Near Graduation alerts:
- liquidity at least $5.0K
- at least 50 holders
- top-10 wallets holding at most 40 %
In the 29 most recent lane alerts at build time (about 1 hours), 7 passed this screen. Those that passed had a median market cap of $31.9K, median liquidity of $19.5K and about 234 holders. Thin pools were common: 21 of 29 had less than 10 % of their cap in liquidity. The median top-10 holder share across the lane was 7 %.
Values measured on 2026-09-24 from the Empire feed. The screen is a filter, not a recommendation.
Words on this page
- Wash trading
- Fake volume created by one party trading with itself.
- Contract address
- The address that identifies exactly one token.
- Dev wallet
- The address that deployed the token; its holdings and sells matter.
- Bundle
- A group of wallets that buy in the same block at launch, often controlled by one party.
A ten-minute check
Run these on every contract, in this order.
- Look for bundled launch buys: several wallets buying in the same block.
- Read the top ten holders and remove pools and burn addresses from the count.
- Confirm on the chart which pool the price comes from and how deep it is.
- Try a small sell early; some tokens restrict selling.
- Copy the full contract address from the alert, never the ticker.
- Set volume against pool depth and new holders over the same window.
Study list
Short guides that go deeper than Bags Casino can on one page.
Approval Drainers: The Scam That Empties Your Wallet in One Click
Learn how approval-drain scams work and how to spot them before connecting your wallet to a shady…
4 min read · 2026-06-09
Your Wallet Approval Is a Loaded Gun – Don’t Hand It Over
Learn how approval-drain scams work and the three rules that keep your wallet safe from malicious…
5 min read · 2026-07-16
Slippage Is Eating Your Wallet: What Beginners Miss
Slippage silently drains your trade profits — here is how it works and how to stop losing money to…
6 min read · 2026-07-13
Your Degen Wallet Is Not Your Savings Account
Why you need a dedicated hot wallet for memecoins and a cold wallet for anything you can't afford to…
4 min read · 2026-05-31
Numbers, not promises
The scoreboard does not yet hold enough mature Near Graduation alerts on Solana to publish a rate. The chain-wide figure over 7 days: 24 % of alerts reached 2x within 24 hours and 79 % died within the day.
Source: Blackhat alert scoreboard, updated 2026-09-24. Full scoreboard.
Network history
| Token | Chain | First alert cap | Tracked cap | Multiple | Report |
|---|---|---|---|---|---|
| S3 | SOL | $87K | $6000K | 70x | 2026-09-08 |
| LOOKSMAX | SOL | $30K | $2400K | 77x | 2026-08-16 |
| Grokstreet | SOL | $26K | $255K | 10x | 2026-08-30 |
| GrokBot | SOL | $70K | $4400K | 63x | 2026-08-24 |
Historic examples only. Each multiple compares the reported market cap with the first alert. Many other alerts in the same period lost value.
Get the alerts on Telegram
Bags Casino does not post alerts itself; these Telegram routes do.
@empiresolneargradLive Near Graduation alerts for Solana, as they fire.
@gmgnxsolgraduatedA token has just completed its bonding curve and now trades in an open pool: the Graduated channel.
Open SOLANA MainThe chain's main group, posting-restricted to Empire bots and admins.
Add Launches folderImports the related Empire channels as a folder.
Solana channel folderThe full Solana channel set in a single Telegram folder.
@gmgnx_chatTalk to other members and the team.
Before you ask
What is Bags Casino?
Bags Casino is a Blackhat Crypto Empire desk that follows the Near Graduation channel on Solana and shows the network's live alerts with the checks we use to read them.
Does Bags Casino hold or sell tokens it shows?
No. The page publishes alerts and methods; it does not run positions or sell placements.
Can I trust a token that appears here?
An alert means the token matched a filter. Trust comes only from your own checks.
What does 'dead' mean on the scoreboard?
A token counts as dead when its market cap falls 80 % or more from the first alert, drops under $5K, or its pool loses its liquidity.
Sister desks
- Morbius Calls — Smart Money Buys on Solana
- Lucifer Calls — Callers HYPE on BNB Chain
- Paradox Gem Calls — Graduated on Solana