Ah, the grand theater of the absurd! Just a fortnight ago, the notorious Lazarus Group of North Korea, with its shadowy dealings, boasted a treasure trove of 7,813 BTC—worth a staggering $856 million. But lo and behold! They have now shed a hefty 1,938 BTC, losing over $212 million in the process. And guess who’s laughing now? El Salvador, my friends, has waltzed past Pyongyang, claiming the illustrious title of the fourth-largest sovereign bitcoin holder! 🎉
El Salvador’s Bitcoin Bonanza: A Comedy of Errors for Lazarus Group
As I pen these words, the infamous Lazarus Group clutches a mere 5,875 BTC, now worth $645 million, after their recent fire sale of 1,938 BTC since May 12. This little escapade has relegated North Korea to the fifth position in the global bitcoin hierarchy, according to the wise sages at Arkham Intelligence.
Leading the charge is the United States, flaunting an impressive 198,012 BTC—a jaw-dropping $21.72 billion at today’s rates. The United Kingdom, ever the overachiever, follows closely with a princely reserve of 61,245 BTC, currently valued at $6.72 billion. Oh, the drama! 🎭
Just two weeks ago, Bhutan was nipping at the heels of the U.K. with 12,062 BTC. While they still claim the third spot, their holdings have dwindled to 11,879 BTC—worth about $1.3 billion—after offloading 183 BTC since May 12. What a rollercoaster! 🎢
Thanks to North Korea’s recent fire sale, El Salvador has ascended to fourth place with 6,188 BTC, totaling $678.55 million. But wait! The Lazarus Group’s crypto hoard extends beyond just bitcoin ( BTC).
The hackers are also sitting on $7.84 million in tether ( USDT) and about $7.61 million in ethereum ( ETH), which equals 2,972 ether. The whereabouts of their scattered BTC remain a mystery, but rest assured, the blockchain sleuths are on the case! 🕵️♂️
Much of this ill-gotten gain has been siphoned off in dribs and drabs, scattered across a multitude of newly minted wallet addresses. Historical patterns suggest that these stolen coins will likely lie dormant for a spell before they decide to make a grand reappearance. Oh, the suspense! 😏
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2025-05-26 18:57