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EU Entity's USDC and USDT Drain Tops $106 Million, ZachXBT Says

COINOTAG·November 2, 2026·1 min read
EU Entity's USDC and USDT Drain Tops $106 Million, ZachXBT Says

More than $106 million left the centralized exchange accounts of an unnamed entity inside the European Union on November 1, and the on-chain record of the exit is now public. The drain involved USDC and USDT, according to ZachXBT. The entity's identity remains undisclosed, raising concerns about security.

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