The post Over $107K Drained in Multi-Chain Wallet Attack Ongoing Across EVM Networks appeared on BitcoinEthereumNews.com. TLDR A wallet-draining attack has affectedThe post Over $107K Drained in Multi-Chain Wallet Attack Ongoing Across EVM Networks appeared on BitcoinEthereumNews.com. TLDR A wallet-draining attack has affected

Over $107K Drained in Multi-Chain Wallet Attack Ongoing Across EVM Networks

TLDR

  • A wallet-draining attack has affected hundreds of users across multiple EVM-compatible blockchains, according to ZachXBT.
  • More than $107,000 has been stolen so far, with each affected wallet losing less than $2,000.
  • Ethereum accounts for the largest share of losses at $54,655, followed by BNB Chain and Base.
  • The attack targets many wallets with small balances, indicating a scale-focused cross-chain strategy.
  • A suspicious address has been flagged, but the root cause of the drains remains unidentified.

A large-scale wallet-draining attack is affecting hundreds of users across EVM-compatible blockchains, according to blockchain investigator ZachXBT. More than $107,000 has already been stolen, while the total continues increasing across networks. Each affected wallet has lost less than $2,000, and investigators have not identified the root cause.

Funds Drained Across Major and Smaller EVM Chains

ZachXBT reported the activity through his official Telegram channel, confirming a coordinated multi-chain attack. The attacker targets many wallets simultaneously, focusing on small balances rather than single large accounts. This approach has resulted in steady losses spread across several blockchains.

Data shows Ethereum accounts for $54,655 of the drained funds, representing 51 percent of the total recorded value. BNB Chain follows with $25,545, accounting for 24 percent of the observed activity. Base ranks third, showing $8,688 drained, equal to eight percent of the total.

Arbitrum has recorded $6,273 in losses, representing six percent of the total distribution. Polygon follows with $3,498, accounting for three percent of recorded losses. OP, Zora, and Linea each show losses near one percent, ranging between $909 and $1,480.

Pattern Shows Broad Wallet Targeting Strategy

Smaller networks also show consistent activity tied to the same draining pattern across EVM chains. Manta Pacific recorded $784, zkSync Era showed $691, and Ink reported $565 in losses. Gnosis Chain, Ronin, Blast, and other networks each reported losses of less than $500.

Despite the low value per wallet, the combined losses across all chains continue rising steadily. The data indicates that hundreds of wallets remain affected rather than a limited group of high-value targets. This pattern confirms that the attack prioritizes scale over individual transaction size.

The ongoing activity suggests the draining process remains active across multiple chains. Investigators continue tracking new transactions linked to the same wallets. No technical exploit or user behavior has yet been confirmed as the entry point.

Suspicious Address Linked to Cross-Chain Activity

Investigators have flagged the address 0xAc2e5153170278e24667a580baEa056ad8Bf9bFB as suspicious. Transaction data links this address to wallet drains across several EVM-compatible networks. The address receives funds in small increments, consistent with the low-value theft pattern.

Funds move quickly after each drain, reducing visibility and slowing manual tracking. The address activity spans both major and smaller ecosystems, indicating coordinated execution. Investigators continue monitoring movements connected to this wallet. Ethereum accounts for the largest value drained, which aligns with its broader user base.

Base, Arbitrum, and Polygon also show higher values compared to smaller networks. The distribution supports a cross-chain strategy rather than a chain-specific exploit. The root cause remains unidentified, and investigations continue across affected ecosystems. ZachXBT confirmed the total stolen value continues increasing as new wallets report losses. Tracking efforts remain active as additional transactions appear across EVM-compatible blockchains.

The post Over $107K Drained in Multi-Chain Wallet Attack Ongoing Across EVM Networks appeared first on Blockonomi.

Source: https://blockonomi.com/over-107k-drained-in-multi-chain-wallet-attack-ongoing-across-evm-networks/

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