Bubblemaps: A single entity is suspected of controlling half of the high-yielding COAI wallets, with a total profit of $13 million
2025-10-17 03:39
According to Odaily Planet Daily, blockchain analysis platform Bubblemaps published an article on the X platform, alleging that a single entity controls half of the highest-yielding COAI wallets, generating a total profit of $13 million. Six months ago, 60 wallets displayed similar operating patterns: all initially funded with one BNB through Binance; the funds were injected around 11:00 AM UTC on March 25th; and all executed thousands of automated trades on the Binance Alpha platform. These 60 wallets are all considered high-yielding wallets. Overall, over 50% of the top 100 wallets by COAI trading volume belong to a single entity. While there is no evidence of core team involvement, this behavior and level of automation are uncommon.
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