Coordinated Crypto Wallet Drain Siphons $107K Across EVM Chains
A stealthy wallet-draining operation has extracted over $107,000 from 100+ crypto wallets across EVM-compatible chains, according to blockchain investigator ZachXBT. The attacks, characterized by sub-$2,000 withdrawals per wallet, suggest a deliberate strategy to evade detection while compounding losses.
No single vulnerability has been identified, but transaction patterns point to a coordinated actor. Funds are being funneled to linked addresses, with victims spanning multiple chains—confirming this as a cross-chain exploit rather than an isolated incident.
The methodology raises alarms: small, staggered thefts delay user awareness and complicate forensic tracking. While individual amounts seem negligible, the cumulative impact and replicability pose systemic risks for wallet security.