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Unidentified Crypto Whale — $25.6M Repeated Phishing Drain

avoid.net/unidentified-crypto-whale-25-6m-repeated-phishing-drain→0/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2CKFa6…VkX3

Summary

On August 12, 2026, an unidentified crypto whale (victim wallet partially identified as beginning 0x13e382) lost approximately $25.6 million in a phishing or private key compromise attack — the second major drain from the same wallet, which had previously lost $24.23 million in September 2023. Unlike the 2023 incident, in which the attacker returned approximately 90% of stolen funds, no funds have been returned from the August 2026 drain as of the date of this investigation. The attacker, whose address was partially identified as 0x8fEB...F95Ae by on-chain investigator Specter, converted stolen assets into approximately 20 million DAI and 3,000 ETH distributed across four addresses.

Connected Entities

8 entities · 60 linked investigations
Organizations
□Ethereum64□USDS□DPRK Crypto Theft H1 2026 (TRM Labs / Blockaid Report)□Rocket Pool
Protocols
⌂Uniswap
Tokens
♦Coinbase♦Bitcoin♦Unidentified Crypto Whale — $25.6M Repeated Phishing Drain
Relationships
  • USDS→mentioned with→Ethereum(70%)
  • USDS→mentioned with→Coinbase(65%)
  • Ethereum→mentioned with→Coinbase(60%)
  • Ethereum→mentioned with→Bitcoin(60%)
  • DPRK Crypto Theft H1 2026 (TRM Labs / Blockaid Report)→mentioned with→Bitcoin(70%)
  • DPRK Crypto Theft H1 2026 (TRM Labs / Blockaid Report)→mentioned with→Ethereum(70%)
  • Rocket Pool→mentioned with→Ethereum(80%)
  • Uniswap→mentioned with→Bitcoin(60%)
  • Uniswap→mentioned with→Ethereum(80%)
  • Coinbase→mentioned with→Bitcoin(65%)
  • + 7 more
Have evidence about Unidentified Crypto Whale — $25.6M Repeated Phishing Drain?

Timeline(8 events)

21 May 2023

Attacker wallet 0x4c10a4 — later linked to the September 2023 phishing theft — became active and was associated with multiple phishing websites.

CryptoSlate

6 September 2023

$24.23M drained from victim wallet (partially identified as 0x13e382) via malicious 'increaseAllowance' token approval transactions. Stolen assets: 4,851 rETH ($8.58M) and 9,579 stETH ($15.63M). Scam Sniffer and CryptoSlate reported the incident.

CryptoSlate / CryptoRank

6 July 2024

The 2023 attacker began returning stolen funds, approximately 10 months after the original theft, transferring approximately $9.3 million in DAI to the victim in two initial transactions.

CryptoRank

15 July 2024

More than $10 million had been returned to the 2023 victim by this date, ultimately totaling approximately 90% (~$21.8M) of the stolen amount.

CryptoRank

August 2026

Blockaid published report finding $1.1 billion stolen across 212 crypto incidents in H1 2026; private key misuse accounted for approximately $790 million.

AMBCrypto

12 August 2026

Approximately $25.6M drained from the same whale wallet in a second major attack. Stolen assets — WBTC, cbBTC, LDO, USDS, CRV (including aWBTC) — converted by attacker into approximately 20 million DAI and 3,000 ETH across four addresses. Attacker address partially identified as 0x8fEB...F95Ae.

BeInCrypto / PeckShield / Specter (on-chain)

13 August 2026

Incident publicly reported by multiple crypto news outlets. PeckShield confirmed asset tracking. CertiK independently verified approximately $25M leaving the victim address. No funds returned; no law enforcement action announced.

Tron Weekly / Crypto Economy / AMBCrypto

14 August 2026

As of this date, no funds from the August 2026 drain have been publicly reported as returned. No regulatory action or law enforcement referral has been announced.

AVOID.NET investigation (current status)
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 11 of 12 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 8/14/2026, 5:09:06 PM

last updated: 8/25/2026, 1:59:41 PM

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