ERC20 Token Abuse Sucked Millions of Dollars Ethereum on FTX has added more Ether to the entity’s holdings. The wallet currently sits in the top 30 largest wallet positions in terms of Ethereum holdings. An address called “FTX Accounts Drainer” holds 250,735 Ethereum on Saturday, November 19, 2022.
“FTX Accounts Drainer” Integrates Ethereum Stash Adding 22,212 Ether to Mystery Wallet
“FTX Accounts Drainer” or “0x59a” has piqued a lot of curiosity because it is associated with an entity that exfiltrated millions of dollars of tokens from FTX hours after the company filed for bankruptcy. protection.
His Elliptic , a blockchain monitoring firm, wrote about the situation on November 12, 2022, saying the entity had siphoned approximately $477 million from him. Estimated. Bitcoin.com News explained that on November 15, 2022, an address known as the “FTX Accounts Drainer” consolidated a large cache of Ether following Elliptic’s blog post.
At the time, this wallet was the 35th largest Ethereum wallet with 228,523.83 Ether in addresses. However, the Ethereum stash has since grown to over 22,212 Ethereum, putting the wallet in 27th place for the largest Ethereum wallets today.
His funds at the time of writing are valued at $303 million, and his wallet confirms 688 transactions, some of which originate from unknown parties. It’s a dust deal. In addition to the 250,735 Ethereum held by the “FTX Accounts Drainer” or “0x59a”, the exploit is associated with another known address.
Ethereum (ETH) address “0x97f” also holds a substantial amount of his ERC20 tokens associated with the FTX exchange. The wallet has over 100 of his ERC20 tokens and blockchair.com estimates the wallet’s value at around $191.69 million.
Etherscan.io estimates the token is worth approximately $244 million. The most dominant token in the wallet is his FTX coin FTT, and “0x97f” owns about 45.85 million of his FTT tokens. This address is actually the second largest FTT wallet currently, holding his 13.94% of his FTT supply in circulation.
‘0x97f’ is BOBA, LEO, and SRM Whales
Wallet contains 143.88 million It also has the second largest supply in terms of circulating BOBA as it controls 28.78% of the BOBA coin and supply. In addition to Bitfinex, address ‘0x97f’ is one of the largest his LEO holders today as the wallet is his 3rd largest unus sed leo (LEO) holder. The
address also holds 52.93 million sera (SRM), making it the second largest SRM holder with 20.28% of total supply. This wallet holds the 40th position for decentralized (MANA) wallets with 0.35% of supply. The wallet is also the 32nd largest Graff (GRT) holder, holding 0.44% of the GRT supply.
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