Bitcoin Resurgence on Silk Road as Decade-Dormant Wallets Transfer $3.14 Million to bc1q…ga54

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to COINOTAG News, citing The Block, a cluster of the now-defunct dark web market Silk Road‘s wallets that had been dormant for more than a decade reactivated on Tuesday, routing Bitcoin to a single, undisclosed address.

Arkham Intelligence data show about 312 Silk Road–linked wallets aggregated transfers totaling roughly $3.14 million in BTC to the address bc1q…ga54, on Tuesday, with the ultimate recipient remaining unknown.

As of today, Silk Road–associated wallets hold around $41.3 million in Bitcoin. The motive behind the resumed movements remains unclear, and market observers are watching for any downstream price or liquidity implications.

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