Bitcoin Whale Transactions Surge 3X with CoinJoin Amid $2.2B Crypto Thefts
Private Bitcoin transactions using the CoinJoin process have tripled since 2022. CryptoQuant attributes this rise to Bitcoin whale addresses linked to exchange-traded funds, MicroStrategy, and custodial wallets. As CryptoQuant’s Ki Young Ju noted in a Dec. 26 post, these whales utilize privacy transactions to transfer funds to institutional investors. Ki ... Read more
