A transfer involving 4,064 BTC, valued at approximately $238 million, has sparked concerns in the cryptocurrency community. The alarming transaction was flagged by on-chain investigator ZachXBT, who observed that the funds were quickly spread across various platforms.
The platforms used, including ThorChain and ChangeNow, are frequently linked to money laundering activities, further heightening suspicions.
Given the amount involved and the behavior of the funds, there is widespread speculation that this could be related to a hack.
