Coldcard Hacker Moves Stolen Bitcoin After Weeks of Inactivity

The hacker behind the massive theft of $130 million in Bitcoin has moved funds for the first time in weeks, sending 30.185 BTC (worth about $1.94 million) to a new wallet.

This is significant because it breaks a pattern of dormancy that had left investigators and the wider Bitcoin community watching an otherwise untouched pile of stolen coins.

Onchain analysts flag this as a possible sign the hacker is preparing to cash out, but some, like onchain investigator ZachXBT, have declined to personally trace the stolen funds, leaving it to other researchers.