EXPOSED: ZachXBT Crypto Investigation Uncovers Massive Coinbase Bitcoin Theft – You Won’t Believe the Amount!

A recent wave of sophisticated scams has targeted Coinbase users, resulting in significant financial losses. Advanced scams have specifically targeted Coinbase users since they have caused significant financial losses to the affected victims. The crypto investigator ZachXBT conducted blockchain analysis and found that thieves stole more than $46 million worth of Bitcoin from March victims in a month with a massive single heist of 400 Bitcoins worth $34 million. Digital asset security remains vulnerable because thieves moved stolen Bitcoin funds from the Bitcoin blockchain to Ethereum through utilization of THORChain and Chainflip tools. The crypto security threat grows stronger according to ZachXBT’s operational findings in the crypto space.

ZachXBT Uncovers Major Coinbase Bitcoin Theft: A Wake-Up Call for Crypto Security

Blockchain researcher ZachXBT has unveiled a staggering theft of Coinbase Bitcoin, showing a significant vulnerability to the cryptocurrencies’ security protocols. Nearly $46 million worth of Bitcoin was stolen from Coinbase users in March alone, with a theft involving 400 Bitcoins valued at around $33.5 million. This involved social engineering attacks, whereby con artists hobbled the victims with trained deceit.

“In his report on the ZachXBT crypto investigation, noted that some of the stolen funds were transferred from the Bitcoin blockchain to Ethereum’s blockchain using tools like THORChain and Chainflip, and subsequently converted into DAI stablecoins,” the investigative report added. Sources reveal that the compliance tools of Coinbase failed to flag any of the addresses regarding these thefts.

More generally, such social engineering attacks have been conducted at Coinbase. In December 2024 and January 2025, users lost nearly $65 million in these attacks. The findings of ZachXBT provide the basis for recommendations on enhanced security protocols and vigilance from users across the cryptocurrency world. The threat of cyber-attacks has forced cryptocurrency exchanges to adopt strong compliance and proactive measures against such thefts, and such effectiveness becomes more significant with regard to not losing such enormous amounts of theft. Such a crypto investigation by ZachXBT is a key wake-up call for users and exchanges alike to align their defense against the changing nature of scams.

Bitcoin Price Prediction: Will BTC Reclaim $87,500?

The BTC price showed continuous bearish momentum. Combined selling pressure developed from the death cross indicator at 00:40 UTC together with the overbought RSI condition at 04:50 UTC. The market price fell to $85,171 before bears encountered resistance. A downward price movement started at 01:45 UTC. 

Chart 1, analysed by anushrivarshney2613, published on TradingView,  March 29, 2025

The price climbed till 13:35 UTC and hit the resistance at $85,568 when it fell into downward momentum. The price has an increasing chance of dropping to $83,694 due to fluctuations showcased by the indicators. According to Bitcoin price predictions, the price will require a significant retesting phase before revealing its future trend. It is a serious matter for investors as it is evident that very few individuals can read through this volatile environment where the ZachXBT-investigated facts weigh against other overall market facts for reasonably accurate predictions toward Bitcoin prices.

Bitcoin Future Price Prediction After the Coinbase Theft 

Coming on the heels of the recent Coinbase Bitcoin Theft and findings from the ZachXBT crypto investigation, which raised significant concern within the cryptocurrency security sphere with how it would affect Bitcoin’s price trajectory, are current market predictions hinting at a possible Bitcoin price range. Some of the factors likely to push the prices high will include market recovery from the recent diffs and increased institutional adoption through Bitcoin ETFs. A significant part of their bearish sentiment still hangs around ongoing regulatory pressures and security vulnerabilities, which incidents such as Coinbase theft manifest to the public. 

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