Bubblemaps: A suspected single entity controls half of the high-yield COAI addresses, with total profits reaching $13 million
According to ChainCatcher, monitored by Bubblemaps, it is suspected that a single entity controls half of the high-profit COAI addresses, with total profits reaching $13 million. Six months ago, 60 wallets exhibited similar operational patterns: each injected 1 BNB as initial capital through a certain exchange; the funds were injected around 11:00 AM UTC on March 25; and all conducted thousands of automated trades on the Alpha platform of the exchange. These 60 wallets are all among the high-profit wallets. In total, more than 50% of the top 100 COAI trading volume wallets belong to the same entity. There is currently no evidence indicating involvement from the core team, but such behavior and level of automation are uncommon.
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