Analysis: A single entity is suspected to control half of the high-yielding COAI wallets, with a total profit of $13 million

Blockchain analytics platform Bubblemaps published a post on the X platform claiming a single entity controls half of the highest-yielding COAI wallets, generating a total profit of $13 million. Six months ago, 60 wallets displayed similar operating patterns: all initially funded with one BNB through Binance; the injection occurred around 11:00 AM UTC on March 25th; and all executed thousands of automated trades on the Binance Alpha platform. These 60 wallets are all considered high-yielding. In total, over 50% of the top 100 wallets by COAI trading volume belong to a single entity.