As Bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later, 5,045 BTC or $97 million worth of Bitcoin from the Bitfinex hacker in 2016 was transferred. The hacker who stole the funds four years ago transferred bitcoins several times this year.

Hackers stole 119,756 BTC from the cryptocurrency exchange Bitfinex on August 2, 2016, and transferred many stolen coins in 2020. At today’s exchange rate, the coins withdrawn four years ago are now worth approximately $2.3 billion.

After being hacked by Bitfinex, this violation undermined the confidence of traders, because BTC dropped more than 22% on various exchanges around the world on August 2, 2016. Until the summer of 2019, the coins had not been moved for three years, and the stolen coins began to move again.

After the implementation of the Bitfinex spring event in 2016, more than 5,000 bitcoins were worth US$97 million

On Monday, November 30, 2020, with the transfer of approximately 5,045 BTC, the Bitfinex hacker transferred a large amount of Bitcoin. Blockchain parser captured this action, and the platform grabbed the BTC blockchain to capture the old coin library reward wakeup and addresses originating from Bitfinex hackers.

At today’s exchange rate, the value of 5,045 BTC is more than US$97 million. Bitcoin (BTC) hit a record high on the exchange Bitstamp, reaching $19,864 per coin.

After the implementation of the Bitfinex spring event in 2016, more than 5,000 bitcoins were worth US$97 million

Data from and the blockchain browser Blockchair show that 5,045 BTC was separated into separate addresses, and some were merged.14 transactions have been sent and confirmed 659,373 and 659,374 yuan.

Blockchair’s Privacy-o-meter shows that the transactions sent by Bitfinex hackers are not very private, with a score of only 55 points. This tool shows whether transactions are vulnerable to certain heuristics used by many transaction tracking tools. On Monday, the bitcoin transferred from the Bitfinex hacking incident seemed to have just been looted to another address.

What do you think of the Bitfinex hacker who generated 5,045 bitcoins due to the 2016 vulnerability? Tell us what you think in the comments section below.

Tags in this story

US$97 million, 120,000 BTC, 2016, 5045 BTC, Bitcoin, Bitcoin (BTC), BitFinex, Bitfinex Hack, Blockchain Explorer, Blockchain parser, Blockchair, BTC,, Cryptocurrency, Exchange, Exchange Hack, Exchange rate, hacking, privacy-o-Meter

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