TechFlow reports that renowned crypto investigator ZachXBT has challenged a recent investigative report published by Bubblemaps. The report claimed that developer Sahil Arora cashed out approximately $26.4 million since early 2024. ZachXBT stated that this figure is significantly inflated, with the actual amount likely being only $2–3 million.
ZachXBT explained that the error stemmed from Bubblemaps misidentifying an exchange hot wallet as Sahil's personal wallet. He further noted multiple methods exist to demonstrate that the address in question is likely an exchange hot wallet rather than a personal one. To support his claim, ZachXBT provided evidence of transactions from a suspected Poloniex hot wallet to its publicly known addresses. He pointed out that despite Poloniex being a smaller exchange, the wallet shows thousands of transactions, clearly indicating it belongs to an exchange.
