Analysis: US government transfer of Silk Road seized BTC may just be a regular fund transfer
Odaily2024/07/29 18:36
By:Odaily
Odaily News According to the analysis of on-chain analyst @ai_9684xtpa, the US government marked an address that just transferred about $2 billion worth of BTC to a new address. The address of about 29,800 bitcoins transferred this time was used to store some of the tokens seized by Silk Road in November 2020 (a total of 69,369 coins). The last operation was four months ago. This operation may be for selling, or it may just be a regular fund transfer, because there was also a wallet fund transfer operation on April 2. It depends on the follow-up situation.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Vitalik Buterin Proposes Simplification of Ethereum Protocol
Bitcoininfonews•2025/05/03 21:55
Toncoin Surpasses Shiba Inu in Market Value
Bitcoininfonews•2025/05/03 21:55
Altcoin ETF Approval Odds Highlight Key Players and Candidates
Bitcoininfonews•2025/05/03 21:55
Cardano Whales Accumulate 410 Million ADA in April 2025
Bitcoininfonews•2025/05/03 21:55
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$96,303.8
-0.41%
Ethereum
ETH
$1,839.82
+0.14%
Tether USDt
USDT
$1
-0.00%
XRP
XRP
$2.19
-0.48%
BNB
BNB
$599.29
-0.03%
Solana
SOL
$147.57
+0.07%
USDC
USDC
$1.0000
+0.00%
Dogecoin
DOGE
$0.1766
-2.49%
Cardano
ADA
$0.7044
+1.56%
TRON
TRX
$0.2454
-0.84%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now