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An exploit that siphoned millions of dollars in ERC20 tokens and Ethereum from FTX added more Ether to the entity’s holdings. Wallet now sits in 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” or “0x59abecause it is associated with an entity called Dead MILLIONS OF DOLLARS TOKEN FROM FTX AFTER HOURS OF COMPANY submitted for bankruptcy protection.
Blockchain monitoring company Elliptic I have written For the November 12, 2022 situation, the company estimated that the entity had siphoned approximately $477 million. Bitcoin.com News explained On November 15, 2022, it was also revealed that an address known as the “FTX Accounts Drainer” consolidated a large amount of Ether cash 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 his 27th position in terms of the largest Ethereum wallets currently.
The fund is valued at $303 million at the time of writing and the wallet has confirmed 688 transactions, some of which are dust transactions sent by unknown parties. In addition to his 250,735 Ethereum held by the FTX Accounts Drainer or 0x59a, the exploit is associated with another known address.
Ethereum (ethereum) address “0x97falso holds a sizeable amount of ERC20 tokens associated with the FTX exchange. With over 100 of his ERC20 tokens in the wallet, blockchair.com estimates the wallet’s value at around $191.69 million.
Etherscan.io estimates the value of the token at approximately $244 million.The most dominant token in the wallet is FTX coin FTT Because “0x97f” owns about 45.85 million FTT tokenThis address is actually the second largest FTT wallet currently, holding 13.94% of the FTT supply in circulation.
The wallet also holds 143.88 million BOBA coins from the Boba Network project, controlling 28.78% of the supply, making it the second largest supply when it comes to circulating BOBA. 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.
What do you think about the “FTX Accounts Drainer” wallet and how you won over 250,000 Ethereum? Let us know what you think about this in the comments section below.
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