PANews: Bitget hacker-marked wallet transferred 1052.34 BTC over 6 days, most of which went into CoinJoin
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AT A GLANCE
PANews, citing Arkham monitoring, reports that the Bitget hacker-marked wallet transferred out 1052.34 BTC within 6 days, of which 847.26 entered CoinJoin.
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Bitget hacker address transferred over 1000 BTC within 6 days, most of which entered CoinJoin mixing
PANews November 12 reports that, according to Arkham monitoring, over the past 6 days, the Bitget hacker-labeled wallet has transferred a total of 1052.34 BTC (approximately 78610000 USD), of which 847.26 BTC (approximately 63430000 USD) entered CoinJoin mixing transactions. These wallets currently still hold 959.29 BTC (approximately 71440000 USD).
PANews reports that, according to Arkham monitoring, over the past 6 days, Bitget’s hacker-tagged wallet has transferred a total of 1052.34 BTC (approximately 78610000 USD).
These wallets currently still hold 959.29 BTC (approximately 71440000 USD).
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report says that Arkham monitored wallets flagged as related to the Bitget hack transferring out some Bitcoin, part of which entered CoinJoin mixing transactions; these wallets still hold a certain amount of Bitcoin.
Why it matters to readers
Fund transfers and entry into coin-mixing transactions increase the difficulty of tracing, potentially drawing attention to the subsequent flow of funds; the report does not specify whether these bitcoins were sold or had an impact on the market.
This report concerns the flow of Bitcoin funds; it does not imply that the transfers described have caused market losses, nor can it be used to infer changes in the price of Bitcoin.
Risks and unknowns
The wallet was flagged as being linked to the Bitget hack, but the original text did not provide independent verification or transaction details.
The original text does not specify whether the transferred bitcoins were sold, flowed into trading platforms, or had a market impact.
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BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
