Low chance for Bitcoin transfer worth USD 8.6 billion was a hack

Conor Grogan, the head of the Coinbase product, claims that there is a little chance that Bitcoin worth $ 8.6 billion moved on Thursday – from eight wallets that kept bitcoins for over 14 years – it was caused by hack, and if so, it can be the biggest robbery in history.

“If the truth (again, I speculate here on straws), it would be by far the biggest robbery in human history,” grogan he said In post X on Friday, after raising a tiny chance that Bitcoin worth $ 8.6 billion (BTC) was moved from eight separate wallets, was the work of bad actors.

The suspicious BCh transaction has a grogan scratching on the head

“There is a small possibility that USD 8 billion in BTC, which have recently woke up, has been hacked or violated private keys,” said Grogan, indicating the suspicious Bitcoin Cash (BCH) transaction made before a significant transfers On Thursday with 10,000 bitcoins at the same time.

“I found a single BCH test transaction from one of the BTC whale clusters 14 hours ago, and then the full amount. An hour later, BTC wallets began to move,” he said.

Conor Grogan from Coinbase emphasized one Bitcoin cash transaction. Source: Conor Grogan

Grogan said that it is possible that the portfolio owner could quietly test the private key, because Bitcoin cash transactions do not attract so much attention from whale tracking services. He repeated, however, that he considered it unusual:

“What makes me say that other BCh wallets have not been affected at all; why shouldn’t they sweep them too?”

In the same day, Intelligence Blockchain Arkham he said It was a single entity that moved Bitcoin worth $ 8.6 billion from eight separate wallets.

8.6 billion dollars of Bitcoins now sits in eight fresh wallets

Arkham said that all Bitcoins were transferred to the original wallets on April 2 or May 4, 2011 and remained in wallets for over 14 years.

Cryptocurrencies, Bitcoin price — *Source:* *Arkham*

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Arkham said that Bitcoin is now stored in eight fresh wallets and has not been moved since then.

The price of Bitcoin remained relatively stable, immersing 1.02% in the last 24 hours and trading at USD 108 150 at the time of publication, According to For Coinmarketcap data.

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