In 6 days, 1,052.34 BTC moved from addresses tagged as linked to the Bitget hack.
Arkham monitoring shows these transfers were worth about $78.61 million, of which 847.26 BTC (about $63.43 million) went into CoinJoin mixing transactions. The source doesn’t break down where the remaining funds went. The same group of wallets still holds 959.29 BTC, worth about $71.44 million.
· For trackers, mixing makes it harder to connect the flow of funds transaction by transaction; that’s how CoinJoin works. The source doesn’t identify the recipients or ultimate holders.
· The amount transferred and the amount still held are roughly equal, suggesting these addresses have not finished moving the funds.
When assessing where the funds are going, do you look first at aggregated addresses after mixing or at exchange deposit records?
$BTC
Arkham monitoring shows these transfers were worth about $78.61 million, of which 847.26 BTC (about $63.43 million) went into CoinJoin mixing transactions. The source doesn’t break down where the remaining funds went. The same group of wallets still holds 959.29 BTC, worth about $71.44 million.
· For trackers, mixing makes it harder to connect the flow of funds transaction by transaction; that’s how CoinJoin works. The source doesn’t identify the recipients or ultimate holders.
· The amount transferred and the amount still held are roughly equal, suggesting these addresses have not finished moving the funds.
When assessing where the funds are going, do you look first at aggregated addresses after mixing or at exchange deposit records?
$BTC
