More and more exchanges are switching to custodial wallets for processing deposits, instead of using memos. All the custodial wallets we’ve identified follow the same pattern: they forward deposited funds to other addresses owned by the same organization (usually a CEX or payment processor).
Since introducing a special tag in ton-labels, we've identified 6.7 million custodial wallets!
You can explore the full list on Dune:
📕
dune.ton_foundation.result_custodial_walletsAnd here’s the SQL we used to generate it:
🔗 dune.com/queries/5032986