coinjoin

From November 6 to November 11, over six days, 1,052.34 bitcoins were transferred out of the wallet Arkham labeled as belonging to the Bitget hacker, worth $78.61 million at the time. Of those, 847.26 bitcoins went into 66 CoinJoin transactions, accounting for more than 80% of the total transferred out. At the time of Arkham’s analysis, 959.29 bitcoins remained in the wallet, worth about $71.44 million.
These figures come from a tracking post published by blockchain analytics firm Arkham on November 11, which several media outlets followed up on the next day. The hacker has been transferring the funds at an accelerating pace. On the first day, November 6, 137.71 bitcoins were transferred out, worth about $10.47 million. On the 8th, the amount suddenly fell to just 16.75 bitcoins. By noon on November 11, 296.74 bitcoins had already been transferred out, worth about $21.83 million—more than twice the first day’s total.