Suspicious transactions have been detected on the Ethereum network after long-inactive wallets were drained at the same time.

Coin Bureau said on May 1 that assets from hundreds of wallets on the Ethereum mainnet, including some that had been dormant for more than seven years, were moved to the same address.

The transaction pattern suggests a single attacker may have compromised multiple wallets at once. It has raised the possibility of a live attack exploiting a new vulnerability. The activity appears to be ongoing, and the security community is closely tracking the address and the flow of funds.

The market is focused on whether the incident points to a new type of wallet exploit and whether further losses could spread.