👉 US government transferred bitcoins from Silk Road to Coinbase. The price of Bitcoin fell after the US government moved 19,800 BTCs, valued at US$$ 1.922 billion, seized from Silk Road to Coinbase. According to Arkham Intelligence, the BTC passed through an intermediary wallet before being sent to Coinbase.

Silk Road, shut down by the government in 2014, was a dark web marketplace used for illegal cryptocurrency transactions.