Trdot Wallet (trxwallet.net), which claims to be backed by Tron, was launched less than four months ago. Its balance peaked at 1.2 billion TRX on February 4 and slid to 775 million TRX on February 13.





Trdot is one of many wallets where investors store cryptocurrency. It has attracted a comparatively high number of deposits because it promises a high-interest return.





There is one Trdot Wallet address (TRWkuqvtjc6FXsbJhpnJNG7bB6CAwu6dfM) on the TRON blockchain, and this is presumably where investors’ money is being stored.





The chart below shows the changes in TRDot Wallet’s TRX balance and TRX price from November 2018 to February 2019.









Since March 18, though, there appear to be large withdrawals from that Trdot Wallet address. The TRX balance of the address dropped from 685 million TRX to approximately 2 million TRX in two days. That's a total withdrawal of USD$15 million based on the current TRX price.





We analyzed the blockchain data and found that these TRX were transferred to 10 new addresses, as follows:





Address TRX Balance TXWh6hxKQDCnjjAYr4ZYMgwYt9s1qAnb4T 68,894,977 TYbeJfCHP467drj7TgAyoN3uEWNjiV7174 39,112,962 TC5jNqmmwUSZCxo1HJTH4LJkmM4qsUzKEB 68,498,935 TUCPnZDytSvwoAmfvw5QAue4uu9Yy1iT2a 68,491,523 TQCUud97wWNVoUG87YXA6RpewmftDHLok3 68,495,792 TQfUupcsr6dNNeKKoWxp8fsSmESZQWQztR 68,496,745 TWC4WsAYtrPaJRLRQLPct6u9W4HZQAoovJ 68,488,278 TJb65QmvCikPuaHRsfjLwdn6TGUFNBkCMx 68,492,044 TNH2gWaLnJWCnXTXDryxiarZN8zNChYAP1 68,494,487 TGh7rVPUa8nNAnnkhF4HutyUx5vgN66sMj 68,504,628







From transfers between these addresses, it can be inferred that they likely belong to the same entity.





The question is, will these funds ever return? Who controls these ten accounts? Trdot Wallet did not immediately reply to our request for comment. LongHash will continue to monitor the flow of funds at this address and alert investors to potential risks.







