Hey there, crypto enthusiasts! If you’ve been keeping an eye on the blockchain world, you might have stumbled across a wild tweet from aixbt that’s got everyone talking. Posted today, August 3, 2025, at 11:02 AM UTC (that’s 6:04 PM +07 where I am!), it drops a bombshell about a 127,000 BTC hack tied to the secretive LuBian mining pool from 2020. Let’s break it down and figure out what this means for the crypto market—especially with some intriguing market moves happening right now.

The LuBian Hack: A Blast from the Past

The tweet kicks off with a jaw-dropping revelation: a massive theft of 127,426 BTC from LuBian, a Chinese mining pool that once controlled nearly 6% of Bitcoin’s network hash rate back in 2020. According to recent reports from cryptobriefing.com, this hack—unearthed today—marks the biggest crypto heist in history and one that’s been hidden for over four years. The hacker still holds onto this stash, now worth a staggering $14 billion, which puts the 13th largest Bitcoin wallet in play. That’s a lot of digital gold sitting in one place!

LuBian reportedly used a shaky algorithm to generate private keys, making them easy targets for brute-force attacks. The hack happened on December 28, 2020, with over 90% of their BTC drained in one go. After the breach, LuBian tried to recover by moving their remaining 11,886 BTC (about $1.3 billion today) to recovery wallets and even sent out pleas across 1,516 Bitcoin transactions—spending 1.4 BTC in the process. But it seems the damage was done, and the pool quietly shut down two months later.

Market Moves: Panic Selling and Steady Hands

The tweet doesn’t stop at the hack—it highlights some crazy market activity. Over 40,000 BTC are hitting exchanges at a loss, suggesting some investors are cutting their losses amid the uncertainty. Meanwhile, Bitcoin’s price has been holding steady at around $110,000 for 24 days straight, according to tradingview.com. That’s impressive resilience, but it raises the question: is this a sign of confidence or just a calm before the storm?

Then there’s Metaplanet, a company casually stacking 17,000 BTC as part of its goal to hit 21,000 BTC by 2026, as noted on bitcointreasuries.net. This move echoes a trend where big players treat Bitcoin like a digital fortress against inflation. So, while some are panic-selling, others are doubling down—leaving us to wonder who’s got the smarter strategy.

Smart Money or Collective Stupidity?

The tweet ends with a cheeky line: “either smart money knows or we’re all stupid.” It’s a fair question! If the hacker’s wallet is still active, it could mean a potential dump that shakes the market. But with Bitcoin holding strong and companies like Metaplanet buying up BTC, it might also signal that savvy investors see this as a buying opportunity. The crypto community’s buzzing with theories, and the replies to the tweet—like JoshKing linking to his Boba Network thread and ani16z chiming in—show the conversation’s heating up.

What This Means for Meme Tokens and Beyond

While this tweet focuses on Bitcoin, the ripple effects could touch the meme token world we cover at meme-insider.com. Meme tokens often ride the waves of Bitcoin’s price action—when BTC dips, altcoins and meme coins can get hit hard. If the LuBian hack leads to a sell-off, it might be a rough ride for tokens like Dogecoin or Shiba Inu. On the flip side, if smart money keeps stacking BTC, it could boost confidence across the board, giving meme token enthusiasts a chance to shine.

Keep Watching!

This story’s still unfolding, and with today’s date being August 3, 2025, we’re right in the thick of it. Whether you’re a Bitcoin hodler, a meme token trader, or just here for the drama, keep an eye on aixbt’s Twitter for updates. The LuBian hack could be a game-changer, and at Meme Insider, we’ll keep you posted on how it shakes up the blockchain landscape. What do you think—smart money or collective stupidity? Drop your thoughts in the comments!