A cluster of blockchain addresses has been identified as likely belonging to an external group engaged in large-scale Alpha token farming. These addresses, created on March 25th, have been withdrawing BNB from Binance and executing high-frequency transactions involving Alpha tokens. Over the past 30 days, each address has traded more than 250 different tokens, with transaction volumes reaching hundreds of thousands.
The activity pattern suggests the use of automated trading bots, typical of farming operations, rather than a single project's team. These addresses have been actively trading $COAI, but unlike typical insider behavior, they do not hold tokens long-term, instead engaging in constant buying and selling, indicative of arbitrage and farming strategies.
Cluster of Addresses Linked to Large-Scale Alpha Token Farming
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