Crypto Beast returns after $Alt Crash, Zachxbt probe

Important highlights

• Crypto Beast has been accused of dumping $11 million with $Alt Tokens and returns under the new X-handle.
• Zachxbt tracked 45 wallets traced to Crypto Beast.
• The new X handle for Crypto Beast sparks debate over crypto ethics and regulations.

Crypto World is shocked as popular influencer Crypto Beast with nearly 800,000 followers has returned to X (formerly known as Twitter) and changed his username to @RealCryptoelio. This comes after a major scandal in which influencers were accused of manipulating the market and crashing the $allt token. The news was reported and revealed by Zachxbt, a well-known on-chain investigator.

Zachxbt emphasizes that Crypto Beast has revived his X account with a new name.

The scandal unfolds

On July 14, 2025, the price of the Alt Token, which was heavily promoted by Crypto Beast, hit $0.19 to $0.003 in just a few hours. This indicates a 97% drop in prices, and this sudden drop wiped out market value of over $190 million.

According to Zachxbt’s on-chain investigators, 45 different crypto wallets were linked to the crypto beast. All wallets sold tokens in some way at the same time during the crash. Together, all of these 45 wallets sold over $11 million in Alt tokens.

Before the crash, the Alt tokens didn’t have a huge amount of trading volume. This means that many people don’t buy and sell regularly. For such tokens, selling tokens too many times at once can cause the price to crash quickly and easily.

In this case, the wallet owned by Crypto Beast accounted for 3% of the total Alt tokens that existed. This 3% is huge for small tokens like ALT. So when influencers sold all these tokens at the same time, these tokens flooded the market. The token price crashed because there were not enough buyers.

How the operations were tracked

Crypto Beast spoke a lot about tokens and actually promoted them on a large scale. On social media, the influencer once shared a Celestia Wallet address (a kind of cryptographic account) linked to him. The data was made public despite him deleting the post later. Between May and July 2025, the wallet he shared online was used to send money to other small wallets. These transfers were made through well-known cryptographic platforms such as Binance, Kucoin, HTX, and Sideshift.

However, on July 14, 2025, these small wallets sold a large amount of $allt tokens at once within minutes. It was a fully planned and adjusted sale. This has caused the price of the token to be crashed.

Zachxbt looked at the transaction history and he was able to bring all his wallet back to one Crypto Beast that he originally shared. There he showed that all sales likely were related to Crypto Beast itself.

Not only did influencers make money from these sales, but he tried to avoid the whole responsibility when people began to panic. He said the price crash was caused by major traders, not by him. After the crash, influencers had been deactivating their accounts for a short time, but now they’re back online with a new username that’s X’s @RealCryptoelio.

Why is this important?

This isn’t just an internet drama, but it’s a reminder of how dangerous it is when an influencer pushes a Crypto token. In this case, one person’s secret sale wiped out almost $190 million worth of value. There was little left for retail investors who trusted the hype. It shows how quickly things don’t work out when crypto promotions aren’t honest.

It may seem small when an influencer changes his username, but it’s actually a big deal. It will be hard to track old posts and disconnect from the $alt token crash scandal. This helps confuse followers, especially new ones, and influencers rebuild their trust or launch new promotions with new names. It also looks like a way to avoid responsibility, hide the past, and move forward.

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