The Biggest Hack Suspicion in Bitcoin History: Is the 8.68 Billion Operation a Hacker Job?

The recent movements of a massive Bitcoin whale that shook the cryptocurrency market have brought forth the largest allegations of crypto theft in history.

According to an analysis shared by Coinbase executive Conor Grogan, there are serious signs that wallets holding a total of 80,000 BTC worth 8.68 billion dollars, which have been inactive for 14 years, may have been hacked. Grogan stated that he detected that the wallet owners conducted a secret test transaction via Bitcoin Cash (BCH) before moving their BTC.

This method may be preferred to verify that hackers have seized the private keys. The inactivity of other BCH wallets makes the situation even more suspicious.

If the hack is confirmed, it will be the largest in history

If these allegations turn out to be true, the incident will go down in history as the biggest hack case in crypto. Currently, there is no concrete evidence supporting this theory, but market experts emphasize that investors need to closely monitor developments.

Bitcoin prices continue to trade around 108,975 dollars at the time the news was published.