A Monad shark put $3.6 million into earnAUSD, a fifth of the yield token's market value

What DeepSea's data shows

DeepSea's 24-hour flow table tracked just two shark wallets on Monad. One, ending in 456a, made a single $93,877 sale. The other, ending in eaee, did everything else: 291 trades, $15,995,226 bought and $7,976,278 sold. Every Monad buy in the table came from it.

Most of the money went into dollar tokens. earnAUSD topped DeepSea's buying list for all chains: $3,603,116 bought, nothing sold, in 5 trades. strUSD took $1,792,267 in 3 trades, also with no sales. AUSD saw $7,996,609 bought and $5,937,609 sold in 25 trades, and MetaMask USD (mUSD) $1,723,282 bought and $1,351,686 sold in 227 trades. It also bought $715,674 of aHYPER and sold $201,045.

Its wallet page (DeepSea name Holdeaee) showed only $2.43 million in total assets and one token held at 12:57 a.m. ET, less than the day's one-way buys. That gap is not explained by the data; vault tokens may not be counted in the page's total. Over 30 days the page counts 13,976 trades and $145.45 million of volume.

DeepSea's live feed shows the pattern. At 12:30 a.m. ET one transaction swapped 300,000 AUSD for 370,467 strUSD, valued at $382,158. Two minutes later the wallet bought 300,000 AUSD again.

Data: DeepSea (desea.io), checked November 11, 2026, 12:36 a.m. ET.

What earnAUSD is

New to wallet tracking? Read what DeepSea is and how it labels wallets.

CoinGecko describes earnAUSD as the main yield token for AUSD: users deposit the dollar token in a vault that spreads it across lending, basis trades and DeFi. It links to the Upshift app. CoinGecko showed earnAUSD at $1.045, a market value of $17.68 million, and no exchange trading in 24 hours. A $3.6 million buy is about 20% of that value.

AUSD itself, issued by Agora, was at $0.9989 with a market value of $156.1 million on CoinGecko. CoinGecko does not list the strUSD token DeepSea tracks.

What independent data shows

DefiLlama counted $663.2 million of stablecoins on Monad at 12:55 a.m. ET, so this one wallet bought dollar tokens worth more than 2% of that in a day. DefiLlama put total deposits in Upshift, across all its chains, at $487.1 million.

Its record

DeepSea's PnL table shows the wallet at minus $175,308 for 7 days (153 of 311 closed trades won) and minus $1,295,742 for 30 days. That is a little better than the minus $1.35 million in our November 9 story, when it made 267 trades in a day, mostly in mUSD.

Why it matters

A stablecoin is a token built to stay worth $1, and AUSD is one. earnAUSD is different: it is what a user gets for putting AUSD into a yield vault, so its price can sit a little above $1, as it does at $1.045.

In plain terms, this wallet traded about $8 million of AUSD back and forth, then put about $5.4 million into earnAUSD and strUSD and sold none of it the same day. Its wallet page shows only $2.43 million in assets, a gap the data does not explain.

CoinGecko also showed no exchange trading in earnAUSD over 24 hours. A fifth of a token that did not trade on any exchange in a day is a large position that is hard to sell quickly on the open market.

What's next

• Whether the wallet keeps its earnAUSD and strUSD
• earnAUSD's market value on CoinGecko
• Monad's stablecoin total on DefiLlama