Conor Grogan, Coinbase’s head of product, says there’s a slight chance the $8.6 billion worth of Bitcoin moved on Thursday — from eight wallets that had held the Bitcoin for over 14 years — was caused by a hack, and if so, it could be the largest robbery ever.
“If true (again, I’m speculating on straws here), this would be by far the largest heist in human history,” Grogan said In an X-post on Friday, I raised the possibility that Bitcoin worth $8.6 billion (BTCThe bad guys were responsible for the transferring of money from 8 separate wallets.
Grogan is left scratching his heads over suspicious BCH transactions
“There is a small possibility that the $8B in BTC that recently woke up were hacked or compromised private keys,” Grogan said, noting a suspicious Bitcoin Cash.BCHBefore the transaction is significant, it must be made before. transfers The transaction was 10,000 Bitcoins per time.
“I found a single BCH test transaction from one of the BTC whale clusters 14 hours ago, followed by the full amount. An hour later, the BTC wallets began to move,” “He said”
Grogan suggested that it’s possible the wallet owner was quietly testing their private key since Bitcoin Cash transactions aren’t as noticeable to whale tracking services. He reiterated that he thought the behavior was unusual.
“What makes me say this is the other BCH wallets have not been touched at all; why wouldn’t they also sweep these?”
Arkham intelligence, which is a blockchain-based firm, published a similar post the next day. said It was one entity who moved Bitcoin worth $8,6 billion from eight different wallets.
8 new wallets hold a total of $8.6 billion Bitcoin
Arkham claimed that Bitcoin was all transferred in the original wallets between April 2 and May 4 of 2011, with the Bitcoin remaining on those wallets for 14 years.

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Arkham says the Bitcoin is stored now in 8 new wallets. It hasn’t moved since.
Bitcoin has been relatively stable despite the uncertainties. Its price dropped by only 1.02% over the past 24 hours, and was trading at $108,150 as of the publication date. according CoinMarketCap Data
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Source: cointelegraph.com

