‘FTX Accounts Drainer’ Now Holds Over 250,000 ETH, Address Is the 27th Largest Ethereum Wallet

1 year ago

'FTX Accounts Drainer' Now Holds Over 250,000 ETH, Address Is the 27th Largest Ethereum Wallet

The exploiter liable for siphoning millions of dollars successful ERC20 tokens and ethereum from FTX has added much ether to the entity’s holdings. The wallet is present situated successful the apical 30 largest wallet positions successful presumption of ethereum holdings. The code dubbed the “FTX Accounts Drainer” present holds 250,735 ethereum connected Saturday, Nov. 19, 2022.

‘FTX Accounts Drainer’ Consolidates Ethereum Stash Adding 22,212 Ether to the Mysterious Wallet

There’s a batch of curiosity surrounding the ethereum code called the “FTX Accounts Drainer” oregon “0x59a” due to the fact that it’s associated with the entity that drained millions of dollars successful tokens from FTX hours aft the institution filed for bankruptcy protection.

The blockchain surveillance steadfast Elliptic wrote astir the concern connected Nov. 12, 2022, and the institution estimated that the entity siphoned astir $477 million. Bitcoin.com News explained connected Nov. 15, 2022, that the code known arsenic “FTX Accounts Drainer” besides consolidated a ample cache of ether pursuing Elliptic’s blog post.

'FTX Accounts Drainer' Now Holds Over 250,000 ETH, Address Is the 27th Largest Ethereum Wallet

At that time, the wallet was the 35th largest ethereum wallet, and the code held 228,523.83 ether. The stash of ethereum, however, has accrued since past by implicit 22,212 ethereum, and the wallet is present successful the 27th presumption successful presumption of the largest ethereum wallets today.

The funds astatine the clip of penning are valued astatine $303 cardinal and the wallet has seen 688 transactions, immoderate of which are particulate transactions sent by chartless parties. In summation to the 250,735 ethereum held by the “FTX Accounts Drainer” oregon “0x59a” the exploiter is associated with different known address.

The ethereum (ETH) code “0x97f” besides holds a important sum of ERC20 tokens associated with the FTX exchange. The wallet has implicit a 100 ERC20 tokens and blockchair.com estimates the wallet’s worth to beryllium astir $191.69 million.

Etherscan.io estimates the tokens to beryllium worthy astir $244 million. The astir ascendant token successful the wallet is FTX’s coin FTT arsenic “0x97f” owns astir 45.85 cardinal FTT tokens. The code is really the second-largest FTT wallet contiguous and it holds 13.94% of the circulating FTT supply.

‘0x97f’ Is a BOBA, LEO, and SRM Whale

The wallet besides holds 143.88 cardinal BOBA coins from the Boba Network task and the proviso is besides the 2nd largest successful presumption of circulating BOBA arsenic it controls 28.78% of the supply. Besides Bitfinex, the code “0x97f” is 1 of the largest LEO holders contiguous arsenic the wallet is the 3rd largest unus sed leo (LEO) holder.

The code besides holds 52.93 cardinal serum (SRM) and it’s the second-largest SRM holder with 20.28% of the full supply. The wallet holds the 40th presumption successful presumption of decentraland (MANA) wallets with 0.35% of the supply. The wallet is besides the 32nd largest graph (GRT) holder arsenic good holding 0.44% of the GRT supply.

What bash you deliberation astir the “FTX Accounts Drainer” wallet and however it acquired much than 250,000 ethereum? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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