A blogger spotted a mysterious pattern: for at least 46 consecutive days, one wallet has withdrawn about $134 million in USDC from Aave around 7:30 every morning, like clockwork, then deposited the exact same amount back half an hour later—timed precisely across UTC midnight. Today at 07:34, it withdrew 134,028,134 tokens again.
Even more concerning, 14 phishing addresses have targeted its receiving address, faking hundreds of zero-value transfers and waiting for the owner to copy the wrong one.
The blogger wonders: What exactly is it trying to avoid at midnight?
Commentary: A whale’s scheduled activity is likely related to interest settlement or risk management, but hitting the exact same time every day is certainly suspicious. On-chain sleuths might want to keep an eye on it.
— Based on a post by @Bitninjex on X
#USDC #Crypto
Even more concerning, 14 phishing addresses have targeted its receiving address, faking hundreds of zero-value transfers and waiting for the owner to copy the wrong one.
The blogger wonders: What exactly is it trying to avoid at midnight?
Commentary: A whale’s scheduled activity is likely related to interest settlement or risk management, but hitting the exact same time every day is certainly suspicious. On-chain sleuths might want to keep an eye on it.
— Based on a post by @Bitninjex on X
#USDC #Crypto