last post i said i'd found a second wallet with the same pattern and hadn't checked the link. checked it. there's no link.
quick recap. wallet A was selling $WALLET in flat one million chunks, stepping down. then wallet B showed up, selling three times in a row on august 13, exactly one million each. same step, same round number. looked like one person running two addresses.
what i checked and didn't find:
zero direct transfers between them. i went through every transaction on both, over fifteen hundred of them, nothing crosses.
their money came from different places. both entered the chain through the Across bridge from Base, but in both cases the sender was the wallet itself. no shared source. that bridge has processed 334,000 transactions, so using it means nothing on its own.
24 shared counterparties, all public. the smallest of them has handled 10,000 transfers. no private overlap.
one detail did catch me: both hold an identical balance of a token called WAGMI, down to the last decimal. turned out one distributor sent it to both, two seconds apart, and there are dozens of recipients like that.
and they live on different clocks. wallet A has a dead zone from 04:00 to 09:00 UTC, six hours without a single transaction in its entire history. B has no gaps at all, it runs around the clock.
two corrections to myself while i'm here.
first: i said A sold a tranche directly on august 12. true, but only that one time out of four. the other three went through a second wallet of his, which sold into the pool within a minute of receiving. that link is solid: they've traded dozens of tokens between them plus 10 ETH back and forth.
second: B isn't an insider and isn't even up. bought 16.7m tokens for 43 ETH, sold the same 16.7m for 34 ETH. down 9 ETH. every one of his trades is with the pool, not a single transfer to a person.
what this means:
the matching pattern was a coincidence. a round million is just a convenient number, plenty of people use it when they unload in pieces.
and the wallet i suspected wasn't taking money off anyone. it lost nine eth on this coin.
my take:
i said i'd check and i checked. no link, and that's a result, not a failure.
one door stays shut from here though: both wallets came in from Base under the same addresses. if there's a shared origin, it's over there. i haven't gone.
wallet A has been silent for seven days and holds 7 million.
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