Mysterious Bitcoin Wallet Drained of Nearly $ XNUMX Billion in Cryptocurrencies

Mysterious Bitcoin Wallet Drained of Nearly $ XNUMX Billion in Cryptocurrencies

The owner of the world's largest unallocated Bitcoin wallet has drained his account of almost €1 billion worth of cryptocurrency. The transaction saw 101,857 BTC (with a market value of approximately €933 million at the time of writing) given to two recipients, the first receiving 5,000 BTC first (€45.8 million) and the second 96,857 BTC (€887.4 million). The transfer made the latter Bitcoin wallet the second richest in existence, behind a cold storage wallet belonging to cryptocurrency exchange Huobi. The transaction was first recorded on June 27 by an automated tracking service and cost just €0,48 in associated fees.

Bitcoin billionaire

The sending wallet was first created on April 1 with a transfer of the same size, after which it was registered among the richest Bitcoin addresses not maintained by major exchanges, of which Bitcoin shares belong. mainly customers. The identity of the wallet holder remains a mystery, due to the anonymous nature of bitcoin transactions, although speculators have theorized that he could belong to big investors like the Winklevoss twins. It is also unclear whether all the bitcoins in the wallet belonged to a single person, a group of individuals, or even a stock exchange that had not declared its affiliation with the address. The identity of the recipients of the transaction is also unknown. Some have speculated that the sending and receiving wallets could be owned by the same entity, though why this person (or group) might need to move the location of their funds is unclear. via decipher