According to Coinbase executive Conor Grogan, recent unusual activities on a BTC address (with a market value of approximately $8 billion) suggest the possibility of private key theft or leakage. He pointed out that one related address conducted a test transaction on the BCH network about 14 hours ago and immediately withdrew all BCH, and approximately one hour later, the BTC address began transferring assets. Conor speculated that this is a low-key method to verify private key validity, as the BCH network is less monitored by whale tracking services. Additionally, no unusual activities were observed on other related BCH addresses, further intensifying speculation. He emphasized that there is currently no conclusive evidence, and the related judgments remain highly speculative, but if true, it could become the largest cryptocurrency asset theft in history.
Leonor Grogan: Suspected private key leak caused $8 billion in BTC movement, which may be the largest crypto theft in history
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