November 4, 20261 min read0 views

Mercado Bitcoin Attacker Moves About $11.45M in Altcoins to Addresses for Sale

The attacker transferred about $11.45 million in altcoins tied to the Mercado Bitcoin attack to multiple addresses for sale.

The approximate figure applies to the altcoins moved across the addresses. It does not describe $11.45 million as the total value of assets taken in the attack.

The attacker is selling the stolen assets. That distinction keeps the…

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The attacker transferred about $11.45 million in altcoins tied to the Mercado Bitcoin attack to multiple addresses for sale.

The approximate figure applies to the altcoins moved across the addresses. It does not describe $11.45 million as the total value of assets taken in the attack.

The attacker is selling the stolen assets. That distinction keeps the figure tied to this reported movement: it is the value attached to altcoins already transferred, not a full accounting of the incident.

The development centers on what is happening to the stolen funds after the attack, rather than on a new estimate of the total loss. The update reports movement to multiple addresses for sale and gives the transfer value as approximately $11.45 million.