ZachXBT detects suspicious transaction with 4064 BTC

The news of a suspicious transaction with 4064 bitcoins BTC $95,567.87 Bitcoin -1.37% Market capitalization $1.89 trillion VOL. 24 hours $1.69 billion worth about $ 238 million has spread in the crypto community. The information came from a well-known analyst ZachXBT, who shared the details on the X platform. After the transaction, the funds were distributed among several platforms and services, including THORChain, eXch, KuCoin, ChangeNow, Railgun, and Avalanche Bridge.

ZachXBT noted that such routes are often used by fraudsters to launder money or conceal its origin. He emphasized that the similar structure of the transfers may indicate an attempt to avoid tracing through decentralized and centralized exchange platforms.

The news has caused concern in the crypto community, as it is possible that someone has lost a significant amount of money. If confirmed, this could be one of the largest thefts in the history of bitcoin.

The platforms involved in the transaction have already launched their own investigations, and KuCoin and ChangeNow have expressed their willingness to cooperate with law enforcement to identify the culprits.