Wallet with a $23.47B trail moves $300.27M in DAI after two quiet days
A wallet whose observed history is dominated by PUFF just routed its latest large move through DAI, a stablecoin that represents only 7% of its lifetime volume.
The trigger route shows $300.27M of DAI moving on ethereum after the wallet was last active two days ago. That scale sits inside a much larger observed history: $23.47B across 4002 transfers.
Yet the route is unusual for this wallet, not because of size alone, but because DAI is a thin slice of its known behavior. PUFF is the dominant asset, and stablecoins in total account for only 7% of observed volume.
So the latest action reuses the wallet's reach while switching its asset profile. The counterparty trail adds another constraint. The wallet has one CEX link, Coinbase at $23.82M, and its top peer counterparties show large values with zero transactions observed between them: Peer 1 at $11.26B, Peer 2 at $4.19B, Peer 3 at $2.10B.