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Nearly $1 billion in bitcoin from the fourth-largest wallet just moved

Nearly $1 billion in bitcoin from the fourth-largest wallet just moved

69,369 bitcoins, worth approximately $955 million, just moved out of wallet address 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx, the fourth-largest bitcoin wallet according to BitInfoCharts.

This is the first outflow activity of the wallet since April 2015. Vice previously reported that the address has been passed among hacker circles in an attempt to crack the wallet and access the bitcoins inside.


This piece has been updated with a link to the 2015 outflow from the wallet

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Author: The Block