TechFlow news, October 18 — according to analyst Yujin's monitoring, the group of addresses that made significant profits on COAI mentioned by Bubblemaps most likely belongs to external quantitative or arbitrage groups, rather than project team addresses.
Yujin pointed out that these addresses show a high degree of similarity in their BNB withdrawal patterns from Binance and creation time (all on March 25), indicating they belong to a single entity. However, since July, these addresses have been actively trading dozens of Alpha tokens daily, with thousands of transactions per day. Statistics show that each address has traded over 240 different tokens and executed more than 45,000 transactions in the past 30 days, consistent with the behavior of quantitative or arbitrage bots (BOTs).




