Lazarus Group moves 262.2 BTC worth $16.64 million, analyst says

Lazarus Group moved 262.20040151 BTC, worth roughly $16.6 million to $16.7 million at current prices, out of a wallet identified as tied to the North Korea-affiliated hacking group and split the funds between two new addresses. About 182.2 BTC was sent to one address and exactly 80 BTC to another, with no exchange destination visible in the transaction data so far. That means the transfer alone does not confirm a sale, though investigators often view such wallet reshuffling as an early stage in broader laundering or fund redistribution chains. The movement has little immediate significance for Bitcoin's price because 262 BTC is small relative to the market's typical liquidity, and no clear reaction appeared on the chart. Bitcoin was described as trading around $63,800, holding in a roughly $63,000 to $65,000 range, with a short-term average near $64,000, a 50-day moving average near $63,400, and resistance levels around $66,600 and $71,900. Earlier analyst commentary had said Lazarus held BTC and USDT worth $73.06 million.

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