According to @PeckShieldAlert, a LuBian-labeled Bitcoin address (39DUz...) reactivated after three years and transferred 9,757 BTC (about $1.1 billion) to two new wallets, 34kn9z...s9tef and bc1q4c...77s0 (source: @PeckShieldAlert). @PeckShieldAlert also reports that the U.S. government is preparing to forfeit 127,271 BTC (about $14.3 billion) tied to the December 2020 LuBian theft (source: @PeckShieldAlert).

According to Lookonchain, one of LuBian's wallets identified as 39DUz transferred all 9,757 BTC (about $1.1B) to new wallets after roughly three years of inactivity, source: Lookonchain and Arkham Intelligence on-chain address 39DUz1NCkLu25GczWiAjjgZBu4mUjKbdNA. The move came a day after Lookonchain reported that the U.S. government is seeking to forfeit 127,271 BTC (about $14.4B) tied to LuBian, source: Lookonchain. The 9,757 BTC moved equals approximately 7.7% of the 127,271 BTC referenced, which helps size potential supply overhang risk if any coins later flow to exchanges, source: Lookonchain data and calculation. Traders are monitoring whether these new wallets route funds to exchange-labeled addresses via Arkham Intelligence tags and exchange inflow dashboards from CryptoQuant to assess potential sell pressure, source: Arkham Intelligence and CryptoQuant.

According to Aggr News, blockchain analytics firm Arkham has revealed that the Chinese mining pool Lubian was hacked in 2020 for 127,426 BTC, which remains unspent and held on-chain. This substantial amount of Bitcoin, valued in the billions of dollars, has significant implications for BTC liquidity and market sentiment, as any movement of these coins could trigger volatility. Traders should closely monitor these addresses for unusual activity that might precede large-scale sell-offs or price shifts. Source: Aggr News.