Dormant Bitcoin Wallets Move $8.6 Billion, Raising Potential Security Concerns and Market Resilience
The post Dormant Bitcoin Wallets Move $8.6 Billion, Raising Potential Security Concerns and Market Resilience appeared on BitcoinEthereumNews.com. On July 5, 2025, dormant Bitcoin wallets transferred an unprecedented $8.6 billion worth of BTC, sparking widespread security concerns across the cryptocurrency community. This massive movement, identified by Coinbase’s Conor Grogan, suggests potential unauthorized access, as the wallets had been inactive for over a decade and involved pre-transfer testing on the Bitcoin Cash network. According to COINOTAG, this incident could represent the largest crypto theft in history if malicious intent is confirmed, highlighting urgent calls for enhanced security measures within the digital asset ecosystem. Bitcoin wallets moved $8.6 billion BTC from dormant addresses, raising security alarms while the market shows resilience amid potential unauthorized access concerns. ‘, ‘
The post Dormant Bitcoin Wallets Move $8.6 Billion, Raising Potential Security Concerns and Market Resilience appeared on BitcoinEthereumNews.com.
On July 5, 2025, dormant Bitcoin wallets transferred an unprecedented $8.6 billion worth of BTC, sparking widespread security concerns across the cryptocurrency community. This massive movement, identified by Coinbase’s Conor Grogan, suggests potential unauthorized access, as the wallets had been inactive for over a decade and involved pre-transfer testing on the Bitcoin Cash network. According to COINOTAG, this incident could represent the largest crypto theft in history if malicious intent is confirmed, highlighting urgent calls for enhanced security measures within the digital asset ecosystem. Bitcoin wallets moved $8.6 billion BTC from dormant addresses, raising security alarms while the market shows resilience amid potential unauthorized access concerns. ‘, ‘
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