About 4,000 BTC reportedly moved at once in Liquid Network pegout, with "white hat" message left on-chain

AI Market Summary

Roughly 4,000 BTC reportedly moved in a single Liquid Network peg-out-related transfer, followed by an OP_RETURN message claiming "white hats" and asking to be contacted on-chain. While details are unverified and it is unclear whether a vulnerability was exploited, the episode can raise near-term counterparty and bridge/sidechain risk perceptions, potentially increasing volatility and driving closer scrutiny of Liquid-related flows.

Impact level

● Medium

Affected assets

BTC/USDT+0.23%

AI Insight · BTC/USDTAI Insight

● Neutral

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

ME News reported that Bitcoin News monitoring on Sept. 7 (UTC+8) flagged an apparent simultaneous transfer of roughly 4,000 BTC out of about 4,200 BTC tied to a Liquid Network pegout transaction. A follow-up transaction carried an OP_RETURN message reading: "We are white hats; please contact us onchain." The purpose of the activity, and whether the funds were moved due to a vulnerability, has not been confirmed. (Source: ODAILY)

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.