Most intermediary wallets come from SQE. Why? Concealment and double taxation.
As you can see below, the coins come in and leave pretty much immediately. This helps conceal them. If you look closer, you can see that those coins had the burn tax applied on the way in and then the burn tax applies on the way out. Double taxation.
There are thousands of intermediary wallets. That's how we know that a large majority of the daily burns are done by Binance.
It's not complicated.
$lunc
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