Two dormant wallets linked on the road on May 5 moved 3,421 bitcoin worth approximately $ 322.5 million. The Whale alert noted that the wallets were first activated in July 2013, which marked their first transaction for a decade since the beginning.
The new addresses received the funds remains uninvited, while the original wallets reflect a balance of zero. The data showed that the transactions included a minimal fee of 0.000105 BTC, suggesting an non-urgent transfer with internal repair rather than immediate plans to liquid the assets.
Two roads associated with road linked to 3,241 BTC
⚠️ $ 324.2m in #Bitcoin On moving after more than 10 years of dormancy!
In the past 3 hours, two whales of Satoshi -ra, which have not been active since 2014, has moved 3,422 $ Btc ($ 325m) in new wallets:
💎 Whale “1nwps” woke up after 10.5 years, moving 2,343 $ Btc (~ $ 222.2m).
💎 Whale … pic.twitter.com/ukb78wjdxp
– spot on chain (@spotonchain) May 6, 2025
On-chain data revealed two separate transactions on Monday from the dominant dominated in July 2013 during the Silk Road Saga. Multichain Explorer and Analytics Blockchair tool found that the initial Transaction involved 2,343.481 btc.
Data also showed that the first wallet to send funds executed by 21 outputs, with 30 that had been in a newly generated purse. The total amount of digital possessions exceeded $ 221 million at the time of movement.
The Whale alert showed a move that took place in a series of outputs, with the largest being 2,186 BTC sent to a chunk. The On-chain tracking data platform has also noted that there is no part of the funds to move to any exchange wallets.
Blockchain tracking tool also filed a second transaction involving 1,078.99 BTC in a purse also started on July 11, 2013. Funds are moved At block height 895,433 and now costs more than $ 101 million.
The Whale alert mentioned the second movement shortly after the first wallet became active, but no movement had occurred from receiving the wallet since the move was completed. The second purse also used a similar transaction fee, according to the blockchain tracking platform.
Sani, the architect behind the Timechain Index, has been highlighting that digital assets in question are returning to the deadly Darknet market, Silk Road.
“After reviewing some of the origins, they are linked back [the] Silk Road, withdrawn in 2012. ”
–SaniFounder of Timechain Index.
Wallet linked to Silk Road Founder Re-Surfaces after a decade
I found ~ 430 BTC in full twelve -two purses associated with Ross Ulbricht who have not confiscated USGOVT and no longer -untouched for 13+ years
Back then it was probably the dust wallets, now, together -together, they cost about $ 47m.
Welcome back ross pic.twitter.com/kmcp4xcri7
– CONOR (@jconorGrogan) January 22, 2025
Earlier this year, the director at Coinbase Conor Grogan filed 430 BTC distributed in various purses that could be attributed to the founder of Silk Road Ross Ulbricht. The exchange official said digital asset handling, estimated to cost $ 47 million, has not been formed for more than a decade.
Grogan also acknowledged that the funds were not part of more than 100,000 BTCs seized by US authorities during the 2013 Silk Road shutdown. He noted that the wallets grew dramatically as Bitcoin progressed in price. Grogan announced a screenshot of a well -known purse with 89.77 BTC, worth about $ 9.5m. There are also smaller handles, such as 87.7 Bitcoin Cash (BCH), which cost about $ 39,700 at that time.
The Coinbase officer suggested that Ulbricht still holds AirDrop rewards linked to purses but asked if private keys are required to access the funds will remain available to him after years of inactivity.
Grogan also addressed concerns about the potential implications of the publication of his search, concerns that it could direct unnecessary attention toward Ulbricht. He said the details of the wallet would be publicly accessible and that it was also referred to in court documents.
The founder of the Silk Road Marketplace was condemned in 2015 for his platform operation role. He later received A president's pardon from President Donald Trump on January 22 after serving a decade in prison.
A few days after Ulbricht's forgiveness, the Bitcoin community rallied and poured crypto on Ulbricht's donation funding in Freeross.org. Kraken exchange din Provided $ 111,111 BTC at Ulbricht to make sure he can get to his feet after siege.
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