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Bitget-Linked Addresses Move 847.26 Bitcoin (BTC) Into CoinJoin Over Six Days

The addresses moved 1,052.34 BTC in total and still held 959.29 BTC, worth about $71.44 million.

Mentioned assets
Unmarked metal tokens converge across a stainless steel sorting tray / TokenPost.ai
Unmarked metal tokens converge across a stainless steel sorting tray / TokenPost.ai

Addresses linked to Bitget’s Sept. 24 security incident moved 1,052.34 Bitcoin (BTC) over six days, including 847.26 BTC sent to CoinJoin.

The total movement was worth about $78.61 million. The amount entering CoinJoin was valued at about $63.43 million and was part of the same six-day period. The addresses still held 959.29 BTC, worth about $71.44 million.

The mixing process obscures links between Bitcoin transfers. The activity follows an earlier trace of about 4 BTC linked to the incident entering a Wasabi CoinJoin round.

Bitget valued the Sept. 24 incident at about $387.5 million, revising its earlier estimate of $351.6 million after adding assets held on Zcash and TRON.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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