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The attacker behind Bitget’s September hack transferred about $19.48 million in cryptocurrency across 52 transactions between Oct. 21 and Oct. 24, with most of the funds sent to newly created wallets with no prior transaction history, Finbold reported, citing blockchain analytics firm Arkham Intelligence.
BTC accounted for $19.33 million of the transfers. Since Oct. 15, wallets linked to the hacker have moved a total of $78.01 million to new addresses. Still, it remains unclear whether the funds were actually being laundered, as there has been no confirmed sign that the recently moved assets flowed into exchanges or mixing services.
Wallets tied to the hacker that Arkham is currently tracking still hold about $242.54 million in cryptocurrency, including 2,960.01 BTC worth about $241.99 million. Bitget previously suffered about $388 million in losses from the hack on Sept. 24.