He added "the team reached out" to his co-founder, who is known only as Meow. Reuters could not reach Meow.
The fees on Meteora vary during spells of market volatility, its website says, with "surge pricing" in place, where fees rise with higher demand.
Between Jan.17 and Jan. 30, the three wallets earned fees of $86 million through these activities on Meteora, Merkle Science estimated. Chainalysis assessed that the three had earned about $94 million in trading fees over the same period.
A third blockchain analytics firm, whose founder requested it not be identified, said by Jan. 29 it calculated the meme coin had garnered roughly $100 million in fees.