<ul data-eligibleForWebStory="false"><li>Roughly $8.6 billion worth of BTC was moved from long-dormant addresses, raising concerns over a potential historic hack, according to analyst Grogan.</li><li>The transfers were done in a manner that suggested a manual and calculated approach, different from typical institutional movements or whale cash-outs.</li><li>An interesting aspect was the connected wallet performing a small transaction on the Bitcoin Cash (BCH) network before the main Bitcoin transfers, possibly to confirm control over private keys.</li><li>Arkham Intelligence confirmed that none of the Bitcoin has moved beyond the new addresses, and the source wallets had been dormant for 14 years, dating back to Bitcoin's earliest era.</li></ul>

Massive Bitcoin Moves Spark Fears of Historic Hack, Analyst Warns

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