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Over $26M Worth of Bitcoin Associated With 2016 Bitfinex Hack Is on the Move

The seven transactions involved in the movement of these funds on Wednesday were flagged by Twitter-based blockchain tracker bot Whale Alert.

Updated Sep 14, 2021, 10:06 a.m. Published Oct 7, 2020, 9:18 p.m.
Bitfinex

Over $26 million worth of bitcoin associated with the massive 2016 hack of crypto exchange Bitfinex was moved around across seven transactions on Wednesday, according to Twitter-based blockchain tracker bot Whale Alert.

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  • The security breach at Bitfinex in August 2016 led to the theft of over 120,000 BTC (worth approximately $1.2 billion today). Similar movements of stolen funds were also reported in July.
  • Six of the transactions flagged by Whale Alert ranged between $4.1 million and $4.8 million, with one for a relatively small amount of $12,000.

Read more: Whale Alert: $27M From 2016 Bitfinex Hack Is on the Move

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Protocol Research: GoPlus Security

GP Basic Image

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  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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XRP Slides as Traders Take Bitcoin Profits, With ETF Flows Still Strong

(CoinDesk Data)

Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.

Ano ang dapat malaman:

  • XRP fell from $2.09 to $2.00, marking a 4.3% decline and underperforming the broader crypto market.
  • Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.
  • Despite ETF inflows, XRP struggles to break the $2.09–$2.10 resistance, maintaining a tight trading range.