🚨 Bitget hacker begins transferring stolen XRP.

About $83 million worth of XRP has left the original attacker’s wallet address and has been further dispersed.

But what’s really worth paying attention to isn’t the “hacker transfer” itself.

It’s—where do these XRP go next?

🔴 Into exchanges → may create potential sell pressure and platforms can intercept it more easily
🔄 Into cross-chain protocols → tracking and recovery become even more difficult
🟠 Continue splitting into wallets → increases the complexity of tracing the funds
⚠️ XRP itself → Ripple can’t directly freeze XRP the way the issuers of USDT or USDC can

Here’s what must be noted:

On-chain transfer ≠ already sold.

There’s currently no evidence showing that all $83 million worth of XRP has entered the market for liquidation.

So the most important thing going forward isn’t watching whether the wallets “moved,” but watching:

Attacker address → exchange / cross-chain → whether it’s exchanged for other assets.

Only when a large amount of the stolen funds truly enters liquidity outflows might this turn from a “security incident” into more of a “market event.”

What do you think the next step will be:

🔴 Centralized cash-out / 🟠 continue dispersing for money laundering?

#BTC #ETH #BNB