UPDATE: Liquid whitehats return 3,400 bitcoin:native to Blockstream after on-chain talks, keep 598.5
AI Market Summary
Liquid network "whitehats" returned 3,400 BTC (~$315M) after on-chain negotiations with Blockstream, retaining 598.5 BTC (~$47M) from the nearly 4,000 BTC taken from a federation wallet. The partial recovery reduces immediate systemic and counterparty fears around Liquid custody and governance, but the retained amount underscores residual security and trust risks that can keep liquidity conditions and risk premia cautious in the near term.
Impact level
● Medium
Affected assets
BTC/USDT-1.12%
AI Insight · BTC/USDTAI Insight
● Neutral
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UPDATE: Liquid whitehats have returned 3,400 bitcoin:native, valued at about $315 million, following on-chain discussions with Blockstream. The group retained 598.5 bitcoin:native, roughly $47 million, from nearly 4,000 bitcoin:native removed from the federation wallet.