On-chain data shows that hundreds of wallets associated with the dark web marketplace 'Silk Road' have suddenly been awakened after sleeping for over 10 years, transferring millions of dollars in Bitcoin, drawing significant attention from the crypto community.
According to Arkham Intelligence data, about 312 wallets related to Silk Road transferred a total of 3.14 million dollars in Bitcoin to the same unmarked address 'bc1q…ga54' on Tuesday. As for who the operators behind the scenes are and why they chose to act at this time, it remains a mystery.
Arkham data shows that to date, several wallets related to 'Silk Road' still hold Bitcoin worth approximately 41.3 million dollars.
In fact, the assets left behind by 'Silk Road' have been closely monitored by the market. In January, Coinbase director Conor Grogan pointed out in a post that he tracked about 430 Bitcoins, although they were dispersed across dozens of wallet addresses, these assets are suspected to belong to Silk Road founder Ross Ulbricht.
Founded in 2011, 'Silk Road' was once the world's largest online illegal drug anonymous marketplace, with 1 million users before it was shut down in 2013, and a transaction volume of 214 million dollars, accepting only Bitcoin payments. Ross Ulbricht was charged in 2014 with 7 counts including computer hacking, conspiracy to traffic drugs, and money laundering, sentenced to life imprisonment and 40 years without parole the following year, and ultimately received a pardon from U.S. President Donald Trump this January.
"Awake after 10 years! 312 'Silk Road' wallets collectively awaken, transferring out 3.14 million dollars in Bitcoin" This article was first published on (Block Media).
