FILEThe trenchbook · crew · 5 wallets on file

The party hat crew

Also known as the CRACKER and party hat insiders

File opened Oct 3, 2026 · updated Oct 3, 2026

trenchbook.app · The party hat crew · updated Oct 3, 2026 · trenchbook.app/file/party-hat-crew

Wallets tied to the traders who promoted the GP, CRACKER and party hat stack passed tokens between each other before it crashed. Who got what, who sold when, and where the money went.

Named for what it did on the chain. Who controls these wallets is only stated where a published piece establishes it.

Coins

$CRACKERthe middle of the stack · Solana (4rkG…ddr3)

$GREENthe first grant · Solana (9rN5…WrE9)

$GPthe base of the stack · Solana (HTmQ…YgUQ)

Who is in the party hat crew?

In September 2026 a group of traders promoted a stack of RuneScape-themed coins on StonkFun: GP at the base, CRACKER paired against it, six party hats paired against CRACKER. Ryan Trost laid out the plan in public. On-chain, the wallets behind it passed tokens between each other before the 25-26 September crash, and each sold at a different time.

This file maps the transfers we can prove. Every arrow is a transaction the sending wallet signed. The wallet we traced to Avi Felman is tied to him by a fomo card under his name that matches it to the cent, and by Trost's own post saying he sent Avi the supply. The wallet labelled Point Farm Capital matches all three holdings Lookonchain reported for PFC's fomo account on 24 September; we don't call it traced. Two more wallets that the wallet we traced to Trost sent CRACKER and other stack tokens to on 19 September sold about $100,000 of CRACKER between them; we don't know whose they are.

Who sent what to whom, 15-26 Sep 2026

each arrow links to its transaction

Wallets link to Solscan; arrows link to the transaction. Tiny USDC transfers between the three main wallets (app-fee sized) are left out.

Traced to Ryan Trost → Traced to Avi Felman: 33M CRACKER, Sep 20, 2026, 4:09 PM ET · transaction ↗
Traced to Ryan Trost → Second wallet, fed: 66M CRACKER, 9 sends, Sep 23, 2026, 6:28 AM ET · One of the nine ↗
Matches PFC holdings → Traced to Ryan Trost: 15.5M BLUE, Sep 23, 2026, 1:28 PM ET · transaction ↗
Traced to Ryan Trost → $DUEL team grant wallet: 22M GREEN, Sep 24, 2026, 7:45 PM ET · transaction ↗
Matches PFC holdings → $DUEL team grant wallet: 22.4M GREEN, Sep 24, 2026, 7:47 PM ET · transaction ↗
Second wallet, fed → Collected the CASH: ~$172K CASH from sales, Sep 26, 2026, 12:28 AM ET · Our trace of the cash-out ↗
Collected the CASH → Cash-out service: ~$427K CASH, 15-26 Sep, Sep 26, 2026, 12:32 AM ET · Our trace of the cash-out ↗
Collected the CASH → Traced to Ryan Trost: ~$67K CASH back, 27 sends, Sep 26, 2026, 2:51 PM ET · Our trace of the cash-out ↗
Traced to Ryan Trost → Streamflow lock: 80M CRACKER to 4/2027, Sep 27, 2026, 6:27 PM ET · transaction ↗

When each one sold

newest first

Sep 26, 2026, 8:21 PM ET
The wallet matching PFC's holdings, which kept buying through the crash, sells 82M CRACKER and 20.7M GP in five minutes.
One of the sales ↗
Sep 26, 2026, 12:25 AM ET
In the crash, the wallet fed by the one we traced to Trost sells about 11.7M CRACKER and every party hat within minutes, paying the proceeds to the CASH-collecting wallet.
The sales ↗
Sep 22, 2026, 6:00 PM ET
The wallet we traced to Avi starts selling the 33M CRACKER; nearly all of it is sold by 4:32 PM ET on 23 Sep.
Last big sale, 23 Sep ↗

The wallets

5 on file

the wallet we traced to Ryan TrostBra5…5yNsSee his file. · Our trace ↗

fed by the wallet we traced to Trost4BFX…BGr7Sold CRACKER and every party hat on the crash night. · Our trace ↗

collected the CASHCW8W…bMgDCollected CASH from sales by the wallet we traced to Trost and the second wallet; sent ~$427K to a cash-out service (15-26 Sep, 24 transfers) and ~$67K back to the traced wallet (27 transfers). · Our trace of the cash-out ↗

the wallet we traced to Avi FelmanBA3n…JaCNReceived 33M CRACKER from the wallet we traced to Trost on 20 Sep and sold nearly all of it by 4:32 PM ET on 23 Sep. · Avi Felman: A fomo card under his name matches this wallet on entry, cost and last sale to the cent; Ryan Trost posted that he sent the supply to Avi; @cracker_gp said the same. (Our trace ↗) · Our trace ↗

matches Point Farm Capital's reported holdingsBeqv…qeitOnly wallet matching Lookonchain's 24 Sep figures for PFC's fomo account; co-sent the first GREEN grant with the wallet we traced to Trost. · Our match ↗

From our dispatch

Party hat maniaA RuneScape joke became a $28 million stack of coins on StonkFun in sixteen days. It took one night to come apart.Read the dispatch →

What we don't know

Who controls the two wallets that got CRACKER from the wallet we traced to Trost on 19 Sep and sold about $100,000 of it.
Whether the wallet matching Point Farm Capital's holdings is PFC's own.
Who the cash-out service is, and who received the ~$427K.

Mentions in the trenchbook