Analysis: An organization is engaged in large-scale Binance Alpha token swiping, with thousands of transactions per day at a single address
According to online reports, according to monitoring by The Data Nerd, a group engaged in large-scale Binance Alpha token swiping has been discovered. The organization uses multiple addresses to withdraw BNB from Binance, which may be controlled by a single entity. These addresses execute a large number of Alpha token transactions every day, involving dozens of tokens, with a transaction volume of thousands, and the frequency is extremely high. In the past 30 days, more than 250 different tokens have been traded at each address, with hundreds of thousands of transactions. This size and intensity are typical of the automated trading robots used, rather than typical of individual project teams. In addition, these addresses have been recently traded on COAI and have not been bought early at the bottom, such as 0x40 in the chart below. Instead of buying and holding like memecoin insiders do, they keep buying and selling like arbitrage/mining robots.
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