Over ¥260 Billion Worth of BTC Moved from LuBian-Related Wallets

2025/10/23 11:36 (Updated 2025/10/23 16:00)
CoinPost
Written by K.Kobayashi
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Over ¥260 Billion Worth of BTC Moved from LuBian-Related Wallets

Massive Movement of Bitcoin

On December 22, a total of 15,957 BTC was transferred from wallets associated with the cryptocurrency mining pool 'LuBian', which was hacked in December 2020.

The transactions were divided into four parts, each sent to a different address. The purpose of the movement is currently unclear, raising questions about whether it is a routine administrative transfer, intended for sale on a cryptocurrency exchange, or an attempt to obscure the origin of the funds.

This information is based on data from 'Arkham' as of the morning of December 22, the date this article was written.

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