$2.5 billion Bitcoin stolen in 2016 has just been moved after 6 years of “hibernation”

More than half of the Bitcoins stolen in the 2016 Bitfinex exchange hack were suddenly moved for unknown reasons.

The hacker behind the 2016 hack of cryptocurrency exchange Bitfinex moved a total of 64,643 BTC in a series of transactions conducted during the day as of today (February 1). This Bitcoin is also worth up to $ 2.5 billion at the time of writing the article.

Whala Alert has reported on these suspicious transactions in turn, with 6 out of 21 transactions having transferred 10,000 BTC.

A series of unusual transactions involving 119,756 BTC stolen from Bitfinex in 2016 have suddenly been conducted after years of hibernation.

It is not yet clear to whom the money was received.

According to a representative on behalf of Bitfinex, the exchange lost a total of 119,756 BTC after the 2016 attack (worth $66 million at the time and $5 billion at the time). With 21 transactions per day as of today, 99.9% of known stolen funds have been moved away from the hacker’s original address.

Bitfinex claims that it is still working with law enforcement agencies across the international market to investigate the identity of the attacker and recover this huge amount of cryptocurrencies.

In another development, BTC price in the afternoon of February 1st rose to $39,100 – the maximum value threshold since the January 21 drop. Near the information about the most advanced activities of the Bitfinex hacker, the fact that India “implicitly” recognized that the cryptocurrency underwent a 30% tax move as possible news for the recent volatility of the coin. The largest cryptocurrency in the world.

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