According to @OnchainDataNerd, a cluster of addresses that withdrew BNB from Binance and were created on March 25 is likely controlled by a single external entity engaged in large-scale Alpha token farming (source: @OnchainDataNerd). These addresses execute high-frequency Alpha token trades daily across dozens of tokens and thousands of transactions, with each address trading more than 250 tokens and recording transactions in the hundreds of thousands over the past 30 days (source: @OnchainDataNerd). The activity pattern aligns with automated farming/arbitrage bots rather than a project’s internal team or insider accumulation, and this was observed before $COAI is on Binance Alpha (source: @OnchainDataNerd). A gmgn check indicates these wallets traded $COAI recently, did not buy early bottoms (example cited: 0x40), and instead buy and sell continuously like arbitrage/farming bots (source: @OnchainDataNerd).

According to @EmberCN, Bubblemaps highlighted a wallet cluster that realized large profits on COAI, triggering a review of whether it was the COAI team or an external trading group, source: @EmberCN; Bubblemaps. According to @EmberCN, the wallets show highly similar BNB withdrawals from Binance and share the same address creation date of March 25, indicating control by a single entity, source: @EmberCN. According to @EmberCN, on-chain activity since July shows daily high-frequency trading across dozens of alpha tokens, with each address transacting more than 240 tokens and surpassing 45,000 transactions over the last 30 days, source: @EmberCN. According to @EmberCN, based on this scale and frequency, the group is most likely an external arbitrage or quantitative trading bot operation rather than the COAI project team, source: @EmberCN. According to @EmberCN, example wallets cited for monitoring include 0x40d24db7a98474a56b35f16446d921396ba4fe3e, 0xecf022c1a1c271ab76632dc3281a30c2f5ce8dff, and 0xde483b66bf3ef9e98e692f4265fa11615954d975, source: @EmberCN.

According to @ai_9684xtpa, Binance Smart Money account Hanmancheol shorted $COAI on Binance futures for about three days, paid an estimated 774,000 dollars in hourly funding, opened around 10.79 dollars, and was liquidated near 18.97 dollars, booking a realized loss of 604,000 dollars and a total single-coin loss of 1.378 million dollars (source: @ai_9684xtpa; Binance Smart Money profile on Binance). The same source notes the trader had six straight futures wins in the prior month, yet this one liquidation wiped out those gains, highlighting how positive funding and concentrated order books can create squeeze risk in altcoins like COAI (source: @ai_9684xtpa; Binance Smart Money profile on Binance). For trading, this case underscores the need to track funding rate direction and cumulative funding paid, and to size shorts cautiously in high-funding, low-liquidity tokens where liquidation thresholds can be reached quickly during squeezes (source: @ai_9684xtpa; Binance Smart Money profile on Binance).

According to @CryptoKing4Ever, $COAI is alleged to have a fake AI product narrative and fake decentralization, with 96% of the token supply controlled by just 10 wallets, indicating extreme holder concentration that the author warns is harmful to retail participants, source: @CryptoKing4Ever on X. According to @CryptoKing4Ever, centralized exchanges listed the token despite these alleged red flags, enabling distribution that resulted in retail getting dumped on while insiders walked away profitable, source: @CryptoKing4Ever on X. According to @CryptoKing4Ever, the author calls for the market to stop rewarding such projects, serving as a cautionary signal for traders evaluating $COAI and AI-narrative tokens, source: @CryptoKing4Ever on X.