The crypto world is watching closely as new data comes in about the pink drainer crypto scam. Recent tracking from Arkham Intelligence shows that wallets linked to this famous scam tool just moved about $117,000. This move has many experts wondering if the person behind it is planning a new attack or simply getting ready to cash out.
Source: X(formerly Twitter)
Pink Drainer is a well-known tool used by hackers to steal digital money through phishing attacks. So far, this tool has been used to steal more than $85 million from regular people. The latest move of $117,000 involved two types of assets: SDAI and ETH. While this is a lot of money, it is only a small part of what the scammer still has left.
Even after moving over $100,000, the notorious scammer crypto scam treasury is still huge. Right now, the linked addresses still hold about $12 million in various coins. Most of this money comes from "service fees". These are fees paid by other scam groups who used the Pink Drainer tool to steal from investors.
The scammer has a very diverse wallet, which makes it hard for authorities to track everything. Here is what they are holding:
SDAI (Savings Dai): They hold over 10.6 million tokens worth about $12.42 million.
Ethereum (ETH): Small amounts are kept in different wallets to pay for transaction fees.
Stablecoins: They also hold assets like AARBUSDCN and ABUSD to keep their wealth stable when the market is shaky.
Many people in the crypto community are debating what this move means. The $117,000 was sent to a brand-new address. This is a common trick used to clean stolen money before it is sent to an exchange to be turned into cash. While the number of The notorious scammer crypto scam thefts has slowed down recently, the systems are still ready to go.
The history of Pink Drainer shows how dangerous automated stealing tools can be. Even if the original creator stops, the $12 million they still have could fund many more scams in the future. For everyday users, the best defense is to use hardware wallets and never trust unknown links. We expect to see more capital moving from these wallets as the year goes on. Staying alert and checking every transaction before you sign it is the only way to stay safe in 2026.
Your Money Your Life (YMYL) Disclaimer: This news is for information only. The Digital asset market is risky. Scams like Pink Drainer can steal all your money in seconds. Always use hardware wallets and be very careful with your assets.
Yash Shelke is a crypto news writer with one year of hands-on experience in covering cryptocurrency markets, blockchain technology, and emerging Web3 trends. His work focuses on breaking crypto news, token price analysis, on-chain data insights, and market sentiment during high-volatility events.
With a strong interest in DeFi protocols, altcoins, and macro crypto cycles, Yash aims to deliver clear, data-backed, and reader-friendly content for both retail investors and seasoned traders. His analytical approach helps readers understand not just what is happening in the crypto market, but why it matters.
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