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Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze

Published Source: CoinDeskRead original

Crypto Insight Summary: All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain shows. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Wallet splitting raises fears of large-scale BTC liquidation and adds near-term supply overhang.

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