⚡️🔎 NEW - Coinbase's Conor Grogan shares his suspicions after observing strange movements on the addresses of the Bitcoin whale that transferred over 8 billion BTC yesterday.

"There's a small possibility that the 8 billion BTC that recently woke up has been hacked or compromised by private keys. "

"A single BCH test transaction from one of the BTC whale groups 14 hours ago, followed by the total amount. An hour later, the BTC wallets started moving. "

"the other BCH wallets weren't affected at all; why wouldn't they sweep them too? "

He believes that the BCH transaction was a "test" transaction to see if the private keys were any good.

He says: "This is just extreme speculation, but the movements here are extremely strange. I don't think it's an exchange wallet because of the BCH activity, and given that BTC transfers appear to be entirely manual."

For Grogan, "If true, this would be by far the biggest heist in human history."

What do you think? #asknostr

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Discussion

I'm not sure if I understood what he saw. He's saying all the BCH moved prior to the BTC or just some of it?

My gut feeling is that someone is preparing to use that capital as collateral, but my guess is entirely based on speculation as well.

Just some of it

That's very strange

How do you transfer 8 billion BTCs when the supply cap is 21 million

Sorry 8 billion $

In other news: Every bitcoin transaction has a small possibility of being a compromised keys. 😅

TX? Hash?

nevent1qqs9lx3889frmaxlghaj0gxkkjhyldl9r3suzztspa0spk9yrkthcdqlaras4

⚡️ UPDATE - 8 billion dollars in bitcoin. Not 8 billion bitcoin, obviously there are only 21 million.

Yes

What BCH means please?🤔

Bitcoin cash

USA (or other) making backdoor deals to exempt cap gains in exchange for a favorable price on old, large blocks of coins to build out strategic reserve? Win win 🤔

Winklevii? Not sure what year they used that settlement money to buy btc