ZachXBT, a renowned on-chain detective, has raised alarms on the X platform (formerly Twitter) about a suspicious entity holding a significant amount of Wrapped Bitcoin (WBTC). According to ZachXBT, this entity is connected to ransomware and pig-killing schemes.
The suspicious addresses in question are:
- 0xed805ac246f441ea0d057b81d910ef1e39eb5995: Holds 1,253 WBTC, equivalent to approximately $73 million.
- 0x9a5c7630d327885ae849217702824e5835d3c5e0: Holds 185 WBTC, worth around $10.8 million.
ZachXBT noted that if bridge and DeFi contracts, as well as exchange hot wallets, are excluded, the primary address would be the second-largest holder of WBTC.
However, ZachXBT did not specify specifically what illegal transactions the cryptocurrency whale in question was involved in.
