After the collapsed platform’s wallets blew up, more than $1.1 billion in Bitcoin was moved out—at an even more aggressive pace than when it was operating normally.
On October 27, Spain’s Civil Guard discovered that, even after Arbistar collapsed, those addresses were still transferring out more than $1.1 billion in assets.
No one knows where such a huge amount of dormant funds has gone. In the short term, it could go straight into the spot sell orders at $BTC .
On October 27, Spain’s Civil Guard discovered that, even after Arbistar collapsed, those addresses were still transferring out more than $1.1 billion in assets.
No one knows where such a huge amount of dormant funds has gone. In the short term, it could go straight into the spot sell orders at $BTC .