Cardano Wallet Drain Cluster Exposed: Up to 178 Stake Keys Implicated

A recent cluster of wallet drains on Cardano has been flagged by investigators, revealing a large-scale sweep of assets and a USDCx selloff path. The analysis, shared by Cardano investigator TheRefreshCNFT, identified up to 178 unique source stake keys tied to the rapid sweep and liquidation.

The cluster included 196 drain or sweep transactions between June 21 at 20:29:41 UTC and June 22 at 00:34:06 UTC. It also involved 191 unique source payment addresses, 1,180 source-side asset rows, and a staggering 12,068,250 ADA in source-side input.

The investigation found that the assets were moved through three main recipient wallets (A, B, and C) before being routed through a USDCx selloff path. The analysis also noted that the affected cluster may include larger wallets that have not yet publicly reported losses.