$TST Dev Wallet Cashes Out, Private Key Mystery Deepens

The drama around $TST isn’t slowing down. Twelve hours ago, the developer address 0x1a1…66f4 sold over $30,400 worth of tokens in four quick transactions. The wallet fully exited its TST position. That’s odd. Binance founder CZ previously told everyone $TST was a harmless “test token” used in a BNB Chain video tutorial. He even claimed the private key for the wallet used to launch it was deleted. Yet here we are, someone just emptied it. TST developer address 0x1a1…66f4 sold over $30,400 worth of tokens in four transactions 12 hours ago, fully exiting its TST holdings. Notably, Binance founder CZ previously stated that TST is a test token used in a BNB Chain video tutorial, and the team had deleted the private… pic.twitter.com/uON3v90BG6 — Wu Blockchain (@WuBlockchain) August 11, 2025 A Brief History of $TST Contract: 0x86Bb94DdD16Efc8bc58e6b056e8df71D9e666429 $TST launched on BNB Chain as a test token. Officially, it was just a tutorial on how to launch memecoins. Unofficially? It became a promotional tool for BNB Chain memecoin trading. The Binance Boost On 6 February 2025, CZ gave $TST a heavy shill. Three days later, 9 February, Binance listed $TST for spot trading. The reaction was insane. Market cap exploded to $500M (CoinMarketCap data). It closed that day at $217M. TST was suddenly the #1 memecoin on BNB Chain. Or so it seemed. On 13 February 2025, just four days after listing, CZ shifted focus. He backed a wave of $BROCCOLI memecoins, named after his dog. A brief history of $TST 0x86Bb94DdD16Efc8bc58e6b056e8df71D9e666429 $TST was launched has a test token on BNB Chain to demonstrate how to launch memecoins on the BNB chain But it wasn’t just a “test token” It was used to promote memecoin trading on BNB Chain  pic.twitter.com/U6A5zG6rI2 — FT (@FTPager) August 11, 2025 The result was brutal. TST dumped from $181M MC to $58M MC in a single day. The First And Second $TST Flash Crash The $TST community fought to keep market cap above $50M. Then, on 31 May 2025, the token suddenly plunged -35%, from $55M MC to $35M MC. Binance called it “a few large wallets selling.”, but, $TST never bounced back. By August, TST was barely holding the $40M MC line. On 7 August 2025, it collapsed -70%, from $49M MC to $15M MC, closing at $27M MC. Same excuse from Binance. “Large wallets sold.” The community wondered: is this a slow walk to zero? Private Key Lies? CZ’s original claim: the $TST creator wallet had no private keys anymore. Reality: that wallet just sold $30.4K in $TST and bridged funds to Base Network, before sending them to MEXC, likely to cash out. This was supposed to be impossible. It wasn’t. Insiders are back in play. The “deleted” private key still exists. The dev wallet was never locked. And now, the team, or whoever controls it, just liquidated the last of their TST. $TST is now sitting at a market cap that’s a fraction of its February peak. From $500M to $27M MC in six months, the fall has been as fast as the rise. The big question: was $TST ever really a test token… or just another memecoin exit plan? Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Source: NullTx