<ul data-eligibleForWebStory="false"><li>A single entity transferred $8.6 billion worth of Satoshi-era Bitcoin from eight addresses that had held the cryptocurrency for over 14 years.</li><li>Conor Grogan, a Coinbase executive, speculated that the large BTC movement may be a result of a hack, suggesting a possible record-breaking heist.</li><li>Suspicion arose due to a Bitcoin Cash (BCH) transaction preceding the BTC transfers, indicating potential compromise of private keys for testing purposes.</li><li>The moved Bitcoin has not yet been deposited into exchange addresses, causing speculation about the motive behind the massive transfer amidst concerns of incoming selling pressure.</li></ul>

Largest Heist Ever? Coinbase Exec Explains Why The Mysterious $8 Billion BTC Transfer Was Possibly A Hack

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