The biggest robbery of all time? Coinbase Exec explains why the mysterious transfer of $ 8 billion BTC was perhaps hacking


Thursday, only one entity transferred a value of $ 8.6 billion Bitcoin of the Satoshi era From eight addresses which have retained the fortune of the BTC for over 14 years.

Conor Grogan, the director of the greatest Crypto exchange in America, Jammingsuggested that there is a chance that the $ 8.6 billion BTC movement was caused by a hack that could set a new robbery record.

The suspect BCH transaction stimulates the alarm

“There is a small possibility that the 8 billion dollars in BTC which recently woken up had hacked or compromised private keys,” observed Grogan, highlighting a suspicious transaction of Bitcoin Cash (BCH) of more than 10,000 tokens (valued at around 5 million dollars at current prices) made before the main transfers involving 80,000 bitcoin.

This decision increased the probability that someone access the inherited private keys and test them quietly before starting the massive movements of the BTC.

“It is possible that the owner tests the private key in a way that would not be noticed,” said Grogan in a job On Twitter (alias X). “BCH is not strongly monitored by whale observation services.”

The expert pointed out that he considered behavior as unusual:

“What makes me say that it is that the other BCH portfolios have not been touched at all; why would they not sweep them too? This implies that the actor may not have full access.”

Incoming sales pressure?

According to ONCHAIN ​​detectives, all the bitcoin was transferred to the original wallets on May 2 or 4, 2011 and remained intact for more than 14 years after having initially received coins in what is now familiar under the name of “Satoshi ERA” of the network, when its pseudonym creator was still active online.

So far, no one has publicly claimed the property of these portfolios, but the calendar and the scope of transfers that have left the spectators. This is particularly due to the fact that huge movements of funds by OG portfolios often refer to the incoming sales pressure.

But in this case, Bitcoin is still seated in the eight new portfolios and has not been deposited in addresses of exchange.

Bitcoin recently exchanged hands at $ 108,029 per room, according to The Coingecko Coingecko cryptographic data supplier, after having barely changed 24 hours despite uncertainty. The main cryptocurrency is approximately 3.4% down compared to the lifetime summit of $ 111,814 he recorded in May.

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