Blockchain analysis platform Bubblemaps has alleged that a single entity controls half of the highest-yielding COAI wallets, amassing a total profit of $13 million. According to Bubblemaps, 60 wallets exhibited similar operational patterns, all initially funded with one BNB via Binance around 11:00 AM UTC on March 25th. These wallets executed thousands of automated trades on the Binance Alpha platform, marking them as high-yielding. Over 50% of the top 100 wallets by COAI trading volume are reportedly under the control of this single entity.
Single Entity Allegedly Controls Half of Top COAI Wallets, Profits $13M
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