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As bitcoin broke its 2017 high on Monday morning, a few hours later 5,045 BTC or $ 97 million in bitcoin from the 2016 Bitfinex hack was transferred. The hackers who stole the funds four years ago have moved bitcoin several times this year.
Hackers who stole 119,756 BTC from the Bitfinex cryptocurrency exchange on August 2, 2016 moved a number of stolen coins in 2020. Coins that were taken over four years ago are now worth around 2, $ 3 billion using current exchange rates.
Following the Bitfinex hack, the breach crippled traders’ confidence that day, as BTC slipped more than 22% on global stock exchanges on August 2, 2016. Coins have not budged for three years until ‘In the summer of 2019, the stolen parts started to move again.
On Monday, November 30, 2020, Bitfinex hackers transferred a large amount of bitcoins while around 5,045 BTC were moved. The action was captured by blockchain analyzer Btcparser.com, a platform that explores the BTC blockchain to catch old coinbase awakenings and reward addresses that stem from the Bitfinex hack.
Using current exchange rates, the 5045 BTC is worth over $ 97 million. Bitcoin (BTC) hit a record high on the Bitstamp exchange reaching $ 19,864 per coin.
Data from Btcparser.com and blockchain explorer Blockchair shows that the 5,045 BTC has been separated into separate addresses and some have been combined. 14 transactions were sent and confirmed in blocks 659,373 and 659,374.
Blockchair’s Privacy-o-meter shows that transactions sent by Bitfinex hackers were not very private, scoring a low score of 55. The tool shows whether or not a transaction is sensitive to some of the heuristics used by de numerous transaction tracing tools. The bitcoins moved on Monday from the Bitfinex hack appear to have simply been transferred to a different address.
What do you think of Bitfinex hackers moving 5,045 bitcoins following the 2016 breach? Let us know what you think in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons
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