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"BTC Whale wakes up after 10 years" Or they could have been hacked

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by COINS NEWS 74 Views

Do you ever think maybe that could be an exploit or hacked account? How could we tell?

Whenever I hear [Incert coin name] Whale wakes up after 10 years of dormancy I always think, "Damn this guy just got hacked" and everyone else is excited thinking he finally found his seed phrase or that big things are coming. Nope, it could be a hacker just drained this diamond-hander's wallet.

Just a few weeks ago were hearing about legacy Metamask / cold storage accounts being hacked and no one knew how. A lot of people were claiming that It is impossible for a cold wallet to be hacked but given the time span of 10 years of dedicated hacking im sure someone would be able to figure out where you store your words. For a large enough payout anything is possible. They could masquerade as a potential Tinder date and bug your computer.

Because of this, I'm now Im skeptical about large wallets waking up. I will always think they are hopelessly getting drained of their hard work.

submitted by /u/bitch_wasabi
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