$15M worth of TRX withdrawn from TRON-backed Trdot Wallet in 2 days

TRON wallet, Trdot wallet saw a huge amount of TRX withdrawals only within 2 days.

A wallet platform on TRON blockchain that’s known for its high-interest return promise which attracts many TRX hodlers saw a massive decrease in its TRX balanced.

The first significant withdrawal was seen on February. Trdot Wallet’s TRX balance peaked on February 4th at 1.2 billion TRX, but only in 9 days, on February 13th, the balance dropped to 775 million TRX.

Fast forward to less than a week ago, the wallet that claimed to be backed by TRON saw multiple withdrawals in huge amount. On March 18th, the wallet still had 685 million of TRX, however, on March 20th, the total remaining balance was only 2 million TRX.

With the current TRX price, it means there was a total withdrawal of $15 million only within 2 days.

Further analysis showed the funds were transferred to 10 new addresses, as follow:

1.   TXWh6hxKQDCnjjAYr4ZYMgwYt9s1qAnb4T - 68,894,977 TRX
   

2.   TYbeJfCHP467drj7TgAyoN3uEWNjiV7174 - 39,112,962 TRX
   

3.   TC5jNqmmwUSZCxo1HJTH4LJkmM4qsUzKEB - 68,498,935 TRX
   

4.   TUCPnZDytSvwoAmfvw5QAue4uu9Yy1iT2a - 68,491,523 TRX
   

5.   TQCUud97wWNVoUG87YXA6RpewmftDHLok3 - 68,495,792 TRX
   

6.   TQfUupcsr6dNNeKKoWxp8fsSmESZQWQztR - 68,496,745 TRX
   

7.   TWC4WsAYtrPaJRLRQLPct6u9W4HZQAoovJ - 68,488,278 TRX
   

8.   TJb65QmvCikPuaHRsfjLwdn6TGUFNBkCMx - 68,492,044 TRX
   

9.   TNH2gWaLnJWCnXTXDryxiarZN8zNChYAP1 - 68,494,487 TRX
   

10. TGh7rVPUa8nNAnnkhF4HutyUx5vgN66sMj - 68,504,628 TRX

LongHash inferred that all the above addresses actually belong to the same entity.

That said, it is still unclear on who has the full control over them and if the funds will ever return as no clarifications have been made by Trdot wallet so far.

But, TRON is not the only crypto that sees whale moves. Other coins, such as Stellar (XLM) and Ethereum (ETH) also saw similar things last week, with XLM's total moving funds of $227.2 million and ETH's of $31.1 million.