CeciliaMansilla
--
#TrumpTariffs Crypto world on alert: unusual movement of $8.6 billion detected from inactive wallets since 2011
Eight wallets that had remained inactive for over 14 years moved 80,000 BTC in a single day. Some analysts do not rule out a possible hacking, which could be the largest theft in history.
A surprising movement of 80,000 Bitcoin, equivalent to about $8.6 billion, from eight wallets that had been inactive since 2011, raised alarms in the international crypto community. The transfer, which occurred on Thursday, July 4, represents the largest movement of inactive coins in Bitcoin's history and triggered speculation about a possible massive hacking or a restructuring of funds from an early investor. According to the blockchain analysis firm Arkham, the original wallets had received the BTC between April and May 2011, when the price of the cryptocurrency ranged between $0.78 and $3.37. The transfer was made in eight identical transactions of 10,000 BTC each, and the funds were sent to newly created addresses.
Eight wallets that had remained inactive for over 14 years moved 80,000 BTC in a single day. Some analysts do not rule out a possible hacking, which could be the largest theft in history.
A surprising movement of 80,000 Bitcoin, equivalent to about $8.6 billion, from eight wallets that had been inactive since 2011, raised alarms in the international crypto community. The transfer, which occurred on Thursday, July 4, represents the largest movement of inactive coins in Bitcoin's history and triggered speculation about a possible massive hacking or a restructuring of funds from an early investor. According to the blockchain analysis firm Arkham, the original wallets had received the BTC between April and May 2011, when the price of the cryptocurrency ranged between $0.78 and $3.37. The transfer was made in eight identical transactions of 10,000 BTC each, and the funds were sent to newly created addresses.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
6
0