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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 2014. Vice previously reported that the address has been passed among hacker circles in an attempt to crack the wallet and access the bitcoins inside.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: The Block


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