BREAKING
Bitcoin Resurgence on Silk Road as Decade-Dormant Wallets Transfer $3.14 Million to bc1q…ga54
BTC
BTC/USDT
$65,243.90
+1.14%
$65,243.90
+1.14%
(24s)24h Volume
$9,381,274,375.54
24h H/L
$65,744.60 / $64,414.00
Change: $1,330.60 (2.07%)
Long/Short
62.8%
Long: 62.8%Short: 37.2%
Funding Rate
+0.0061%
Longs pay
Data provided by COINOTAG DATALive data
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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