According to @zachxbt, the Bittensor hacker deposited 4.9 million dollars of three assets into a privacy protocol, followed almost immediately by withdrawals of the same amount and assets to an on-chain address he states is linked to a former OTF Bittensor employee. Source: @zachxbt on X, Oct 16, 2025. He added that certain investigative details are withheld for law enforcement, indicating an active inquiry that could surface additional on-chain evidence. Source: @zachxbt on X, Oct 16, 2025. For trading, the alleged clustering and 4.9 million dollar movement are material datapoints for TAO pairs; monitor the identified address and privacy protocol outflows for signs of transfers toward exchanges and track TAO spot and perp volatility around any detected movements to inform risk management. Source: @zachxbt on X, Oct 16, 2025.