LuBian Mining Pool Moves $1.83 Billion in Bitcoin to Four Wallets

LuBian Mining Pool Moves $1.83 Billion in Bitcoin to Four Wallets

According to OnchainLens, four wallets linked to the mysterious LuBian entity shifted nearly $1.83 billion in BTC, marking their second major transfer within weeks.

BTC

Summary

On October 22, OnchainLens detected that wallets linked to LuBian moved 15,959 BTC worth about $1.83 billion across four addresses. The transfers included two transactions of 4,999 BTC each, one of 3,424 BTC, and another of 2,535 BTC. This marks the second significant movement in recent weeks from these wallets, reviving one of the longest-running mysteries in on-chain history.

Terms & Concepts
  • BTC Transfer: The movement of Bitcoin from one wallet address to another, typically recorded on the blockchain.
  • Wallet Address: A digital identifier used to store and manage cryptocurrency holdings on a blockchain network.