The scammers moved the Bitcoin coins stacked. Scheme of Bitcoin?

Cryptographic exchanges are repeatedly the victims of hackers and lose millions in Bitcoin and other cryptographic currencies. This is also the case with the Bitfinex Exchange, which lost about 119,756 BTC in 2016 in a hacker attack.

Bitcoin the Bitfinex hacker on the move

For a long time, the stolen Bitcoins were not moved. But since the price of the Bitcoin Up yesterday broke the $19,000 mark again, Whale Alert has seen some movement.

Movements of crazy hacked Bitfinex funds being dripped into @whale_alert… 👀 pic.twitter.com/aD1meVSgSo

– Jacob Canfield (@JacobCanfield) 30 November 2020

A total of 5045.8 BTC were transferred to other portfolios yesterday. The hacker did not send the Bitcoins at once, but in 14 transactions.

The current value of yesterday’s transactions is about $100 million. The smallest Bitcoin transaction was BTC 261.24, while the largest was BTC 469.89.

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In total, the loot is worth $2.3 billion

Also in August, Bitfinex offered a $400 million reward for the stolen BTC. But the hackers apparently did not get involved in the deal.

Interestingly, the stolen Bitcoin was worth the equivalent of $72 million in 2016 when the hack took place at Bitfinex.

Due to the parabolic increase in the price of Bitcoin, the stolen sum experienced a huge increase in value. Meanwhile, the loot is worth about $2.3 billion. No wonder Bitfinex decided to offer such a high reward.

The Bitfinex hack will surely go down in Bitcoin history. Along with the Mt. Gox and CoinCheck bags, this is the largest amount of stolen BTC.

No Bitcoin price dumping expected

Although there have been several successful hacker attacks in recent years, never again have so many Bitcoins been stolen from a cryptographic exchange. One possible reason for this is the preventive measures taken by the various suppliers.

In early November, CipherTrace published that cryptographic crime is declining in 2020. However, thefts in Cryptospace have exceeded the $17 billion mark since 2011. However, most of this is not due to stock market pyramids, but to pyramid schemes like OneCoin or PlusToken.

Bitcoins in the Bitfinex hack are known in all major exchanges and cannot be paid for easily. Therefore, a strong sale is not currently expected. However, these BTCs will find their way to the market at some point.

What do you think of Bitcoins the Hacker? Are we expecting a dump soon? Discuss it with us on our Telegram Chat and follow our News Channel!