The movement initially started with four addresses (10,000 BTC each), then two more joined, and finally two more. All coins were received in 2011 at a rate of $0.78 to $3.37.
Four more similar wallets are still silent. This is the largest awakening of old wallets in years.
It is believed that these assets belong to Ross Ulbricht — the owner of the anonymous drug platform Silk Road.
Ulbricht has been serving a life sentence since May 28, 2015, but was pardoned by U.S. President Donald Trump on January 22, 2025.