In 2016 there was a hacker who managed to hack the Bitfinex site and stole a total of 119 thousand BTC. this is over two billion dollars in bitcoin.
Now whilst this may seem like a long time ago, the Btcparser program recently picked up that on Wednesday, 2034 BTC was moved to unknown wallets in five transactions. The bitcoin that was transferred was sitting without any movement whatsoever, and no transactions for close to four years, since the hack and is not moving to wallets.
What do you feel that this movement means? Is this a reason to be concerned? Could such a large transaction affect the market?
Also, why do you guys think this BTC was idle for four years and is now being moved? One would think that they would have used the BTC before this time, correct?
Now whilst this may seem like a long time ago, the Btcparser program recently picked up that on Wednesday, 2034 BTC was moved to unknown wallets in five transactions. The bitcoin that was transferred was sitting without any movement whatsoever, and no transactions for close to four years, since the hack and is not moving to wallets.
What do you feel that this movement means? Is this a reason to be concerned? Could such a large transaction affect the market?
Also, why do you guys think this BTC was idle for four years and is now being moved? One would think that they would have used the BTC before this time, correct?