Bitfinex hackers move another $30 million in Bitcoin they stole in 2016

Bitfinex hackers have moved thousands of Bitcoins in 2020.

The Bitcoins (BTC) stolen from the large Bitfinex cryptoexchange in 2016 are on the move again; hackers are moving another massive batch of funds into unknown purses.

According to data from the Whale Alert cryptotransaction tracking service, Bitfinex hackers moved over USD 4.6 million in stolen BTCs on October 8. These funds were sent to unknown wallets in two separate transactions of 435 BTCs and 8 BTCs.

However, hackers have moved much more than this amount earlier this week. According to Whale Alert, Bitfinex hackers completed seven more similar transactions on October 7, totaling 2,900 Bitcoins, or USD 26.4 million. As such, during this week hackers have transferred about 2.4% of the total 120,000 BTCs they stole in 2016.

Bitfinex hackers have been moving thousands of stolen Bitcoin Storm over the course of 2020. As reported by Cointelegraph, hackers moved 3,503 Bitcoin valued at USD 39 million at the time of the transaction in July 2020.

According to Cointelegraph’s calculations based on Whale Alert data, Bitfinex hackers moved a total of about 8,600 Bitcoins into unknown purses in 2020. This amount is worth about USD 88.6 million at the time of the completed transaction. As previously reported, the amount of BTC stolen from Bitfinex was equivalent to USD 72 million at the time of the attack in August 2016.

Founded in 2012, Bitfinex is one of the world’s largest crypto currency companies, and is part of the top 10 cryptoexchanges by daily trading volume, according to Coin360.