Blockchain analytics platform Bubblemaps has identified suspicious activity among the top five traders of the newly launched STBL token, who have collectively profited over $10 million. The traders, who are interconnected, received simultaneous capital injections traced back to a single source via Tornado Cash. These funds were used to borrow USDC from the Venus Protocol. Despite the significant profits, there is no evidence linking these traders to the STBL core team. STBL, launched by Tether co-founder Reeve Collins, is part of a new stablecoin system that includes USST, YLD, and STBL tokens. The group of traders, utilizing bots, has a history of extracting value from various tokens, not just STBL, raising concerns about market manipulation.