The large-scale profitable addresses on COAI are suspected to be operated by quantitative groups, not by the project party

According to crypto analyst Yu Jin (EmberCN), the group of addresses with significant profits on COAI mentioned by Bubblemaps are likely external quantitative or arbitrage groups, rather than project addresses. Yu Jin noted that the methods used to withdraw BNB from Binance and the date of creation (both on March 25th) are highly similar, indicating they are the same entity. However, since July, these addresses have been actively trading dozens of Alpha tokens almost daily, with thousands of transactions per day. Statistics show that each address has traded over 240 tokens and over 45,000 transactions in the past 30 days, consistent with the operation of quantitative or arbitrage bots (BOTs).