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clicked through the transactions and found this wallet: https://www.blockchain.com/btc/address/17A16QmavnUfCW11DAApiJxp7ARnxN5pGX https://www.blockchain.com/btc
by lgregg 6y ago
clicked through the transactions and found this wallet: https://www.blockchain.com/btc/address/17A16QmavnUfCW11DAApiJxp7ARnxN5pGX https://www.blockchain.com/btc/address/17A16QmavnUfCW11DAApi...
a balance of 16m and over 1.4 trillon usd has passed through this account.
the oldest transaction i could find was 2019-11-02 14:19: https://www.blockchain.com/btc/address/17A16QmavnUfCW11DAApiJxp7ARnxN5pGX?page=10001 https://www.blockchain.com/btc/address/17A16QmavnUfCW11DAApi...
- zaroth 6y agoI would assume one address with 377k transactions that has seen over 131 million BTC move through it strongly implies it's some sort of tumbler address. I'm not sure why reusing one address like this would make any sense though...
- Drdrdrq 6y agoIt is more difficult to trace funds through a single node with gazillion transactions. This is part of the laundering scheme. Of course, all such addresses are immediately suspect, but if they pay out to innocent addresses too... It's difficult to distinguish between signal and noise.
- sonicggg 6y agoIsn't that overcomplicating things though? If tracing is a concern, why not use Monero instead?