Avalanche wallet report

Structured relay behavior without overclaiming ownership.

A curated report page for the Avalanche Foundation wallet investigation: core wallet flows, seed-to-next-hop routing, relay timing, destination concentration, and external counterparty breadth.

Chart pack loaded from the curated report bundle.
264.98M AVAXInitial large-transfer volume
2.90 minMedian relay delay
$171.64MTop shared destination rail
16M+ AVAXObserved Binance-labeled off-ramp rail

Bottom Line

The strongest evidence supports a coordinated treasury, custody, or OTC-style routing system: feeder wallets, relay wallets, an operational hub, shared downstream rails, and eventual exchange/off-ramp connections. The report keeps the important caveat intact: behavioral evidence is strong, but definitive entity attribution is not proven on-chain.

Core Signals

  • Repeated feeder to relay to hub movement at large size.
  • Same-amount quick relays, often within minutes.
  • Shared backend convergence into 0xc685...06bf.
  • Clear downstream path through 0xbfa827...1c60 into Binance-labeled endpoints.

Executive Snapshot

Core gross flow, shared counterparties, relay speed, and destination concentration in one view.

01
Executive snapshot chart for Avalanche wallet report

Seed to Next-Hop Sankey

Round 7 seed wallet to next-hop paths, weighted by inbound USD flow magnitude.

02
Sankey chart of seed wallet to next-hop paths

Relay Timeline

Relay timing over time, highlighting the low-latency operational pattern.

03
Relay timeline chart

Destination Concentration

Round 7 outbound concentration across top destinations and the long tail.

04
Destination concentration donut chart

External Counterparties

Top external counterparties by total USD touched, wallet breadth, and transaction count.

05
External counterparty leaderboard chart

Curated from the canonical local report pack in reports/avalanche_foundation_wallets/; raw CSV/JSON research artifacts are intentionally not mounted here.