Security researcher ZachXBT has flagged an alarming pattern sweeping across multiple EVM chains: hundreds of user wallets are being systematically targeted in coordinated small-scale thefts. Unlike high-profile hacks targeting whale wallets, these attacks are characterized by modest individual losses—each victim has lost under $2,000—making them harder to detect but collectively devastating.

The cumulative damage from these incidents has reached approximately $107,000, with the total figure climbing as more compromised wallets surface. What makes this situation particularly concerning is that the attack vector remains unclear. Security teams are still investigating the underlying mechanism behind these coordinated drains, leaving wallet holders in a state of uncertainty about how their private keys may have been compromised.

The distributed nature of these thefts—spreading across numerous EVM-compatible chains rather than concentrating on a single network—suggests a sophisticated operation. The relatively uniform loss amounts per wallet indicate either algorithmic targeting or a deliberate strategy to stay below detection thresholds that might trigger enhanced monitoring.

As ZachXBT continues tracking this emerging threat, users are advised to review their wallet security practices and remain vigilant for unusual transaction activity. The inability to pinpoint the root cause means the vulnerability remains potentially active, with affected chains still at risk.