CoinDCX-Linked Wallets Consolidated at One Address, Then Moved Funds

CoinDCX-linked wallets were consolidated into a single address and began moving assets onward, a pattern blockchain investigator Specter described as a possible sign of a wallet compromise.

Deposit address TQKJQ had been sending funds to a CoinDCX hot wallet on a recurring basis. TQKJQ and other CoinDCX-associated wallets were later consolidated at one address. The consolidated wallet then began distributing funds, swapping assets and using over-the-counter services.

The sequence shifts from deposits into an exchange wallet to funds moving out through a consolidated address.

Specter characterized the later movements as a possible compromise signal, leaving an intrusion as a suspicion.