Lazarus Group Nets $2.5M Profit from WBTC Sale
Lazarus Group sold $WBTC for a 251% profit
$3.51M worth of $WBTC converted into $ETH
Funds split across three separate wallets
Major Crypto Move by Notorious Hackers
The Lazarus Group, a North Korean state-backed hacking organization, has once again made headlines in the crypto world. This time, they executed a profitable trade involving Wrapped Bitcoin ($WBTC), resulting in a $2.51 million profit—an impressive 251% return on investment.
According to on-chain data, the group originally purchased 40.78 $WBTC back in February 2023 for roughly $999,900 USDT. At that time, the purchase price per WBTC was around $24,521. Fast forward to just 12 hours ago, the hackers cashed out by selling the same WBTC holdings for 1,857 $ETH at an average price of approximately $86,170 per WBTC.
How the Funds Were Moved
What followed the sale was a strategic distribution of the acquired $ETH. The Lazarus Group split the total funds into three different wallet addresses. This move is consistent with previous laundering tactics used by the group to obscure their digital footprint and reduce the risk of detection.
This calculated sale highlights how patient and tactical threat actors like the Lazarus Group can be. Holding onto assets during market dips and cashing out during peaks shows a strong understanding of crypto market dynamics.
Today, the Lazarus Group (North Korean hackers) sold 40.78 $WBTC ($3.51M) for a $2.51M profit (+251%)—after buying it 2 years ago.
They spent 999.9K $USDT to acquire the $WBTC at ~$24,521 in Feb 2023, and sold it for 1,857 $ETH at ~$86,170 just 12 hours ago.
Implications for the Crypto Community
While this transaction doesn’t pose a direct threat to everyday users, it serves as a reminder of how sophisticated state-backed hackers have become. The Lazarus Group’s ability to exploit market timing and execute high-value transactions continues to be a concern for global regulators and blockchain analysts alike.
With rising asset prices and increasing adoption, tracking and tracing malicious actors is becoming more vital than ever. The crypto community must stay vigilant as hackers evolve their strategies to move large sums undetected.
$ETH

$BTC Bitcoin Price Analysis: Will BTC Break Resistance or Face Rejection?
The post Bitcoin Price Analysis: Will BTC Break Resistance or Face Rejection? appeared first on Coinpedia Fintech News
Since the start of this year, the Bitcoin market has experienced a decline of 10.64%. Although, at one point in January, the market touched a new all-time high of $109,586.27, the monthly returns of the month was just 9.54%. In February, the returns declined sharply to -17.5%, probably due to economic uncertainty created by Trump’s aggressive tariff plan. In March, the BTC market scenario slightly improved, as its monthly returns grew to -2.19.
Since the beginning of this month, the market has surged by 1.30%. Interestingly, yesterday, the market made a strong attempt to break above two key technical levels, a downward sloping resistance and a 200-day Exponential Moving Average. Experts suggest that If Bitcoin closes above both these key levels, it could trigger a strong bullish rally, marking an end to the current bearish trend.
Bitcoin Retests Critical Levels: What’s Happening?
Yesterday, at one point, the Bitcoin market reached as high as $88,513.25. However, at the time of closing, the price plummeted to $82,530.38, creating a long bearish candlestick.
The 200-day EMA indicator in the daily chart of Bitcoin sits at $85,417.58 – just 2.23% above the spot price.
The downward sloping resistance has almost touched the 200-day EMA level in the BTC daily chart.
This implies that if the market raises around 2.23%, it could break above these two crucial levels.
Today, the market has so far grown by around 1.36%.
Also Read :
Why Crypto Market Is Down Today? Expert Insights on Market Volatility
,
Potential Scenarios: Breakout or Rejection?
Experts predict that if Bitcoin closes above both these key levels, it could trigger a bullish rally in the market.
Meanwhile, they also warn that if BTC fails to break through the two important levels, the current bearish trend may continue in the market.
#Bitcoin – Big move coming?$Btc is retesting both the 200-day MA and downward-sloping resistance. We really need to close above both to break the bearish trend…. #Altseason #Crypto #Ethereum pic.twitter.com/btxRGzC6BM
— Anonymous | Crypto Predictions (@Crypto_Twittier) April 2, 2025
What Traders Should Watch Next
Experts opine that as economic certainty is fading, investors, who left Bitcoin for safer options like gold due to fear, may return to the market.
If the market breaks above both the key levels with the support of volume, it would confirm the return of bullish pressure in the market.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
Subscribe to News FAQs How does Trump’s tariff plan impact Bitcoin?
Economic uncertainty from Trump’s tariffs may have led to BTC’s -17.5% decline in February, as investors sought safer assets.
Bitcoin a better investment than gold right now?
Experts say fading economic uncertainty may push investors back into BTC, but breaking resistance is key for a bullish trend.
How much will 1 Bitcoin cost in 2025?
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains.
$PUMP Coin: Transforming Supply Chain Transparency with Blockchain
$PUMP is exploring the potential of decentralized supply chain management, leveraging blockchain technology to create transparent and efficient tracking systems for goods as they move through global supply chains. In an era of increasing demand for product authenticity and traceability, $PUMP aims to offer a solution that provides businesses and consumers with clear insights into the origin, journey, and quality of products.
The development team is working on a platform that uses smart contracts to automate supply chain processes, ensuring that every step—from manufacturing to delivery—is securely recorded on the blockchain. This will not only reduce fraud and counterfeiting but also increase efficiency by streamlining operations and providing real-time tracking data.
With supply chain inefficiencies and lack of transparency being significant challenges in many industries, $PUMP's solution offers businesses a competitive edge. Additionally, consumers are increasingly seeking transparency regarding the products they purchase, making $PUMP a compelling solution for both markets.
As the platform grows, $PUMP’s future success will depend on forging partnerships with industries such as logistics, retail, and manufacturing. If it can create widespread adoption, $PUMP has the potential to revolutionize supply chain management and become a cornerstone of blockchain in business operations.