Bitcoin previously seized from a prominent darknet platform has been transferred to a U.S. government wallet.
On April 2, a wallet belonging to the U.S. government transferred 30,175 Bitcoins (BTC) from Silk Road to cryptocurrency exchange Coinbase, according to data from Blockchair.
At the current BTC price of approximately $65,000, the transfer is worth approximately $2 billion.
Blockchain sleuth ZachXBT noted that another 0.001 BTC worth $69 was transferred to a Coinbase deposit address in what appeared to be a test transaction.
Prior to this, the government’s last confirmed sales were in late 2022, when approximately 50,000 BTC associated with the Silk Road website were seized, and in March 2023, when 9,861 Bitcoins worth $216 million were sold.
In January 2024, government officials announced their intention to sell some of the cryptocurrencies associated with the darknet Silk Road. The number of assets mentioned in the statement is 2,934 BTC.
At the end of February, the U.S. government transferred 15,085 Bitcoins seized from the hacked cryptocurrency exchange Bitfinex to unknown addresses, worth approximately $947 million. .
First, a test transfer of 1 BTC was performed, followed by the transfer of 2,817 BTC worth $172.7 million. From the second wallet, 12,267 Bitcoins worth $748.5 million were transferred.
According to Arkham data, another U.S. government wallet contains approximately 94,600 Bitcoins that Bitfinex confiscated from hackers.
CryptoQuant analysts estimate that the U.S. government holds 210,392 BTC worth $14.4 billion, making it one of the largest holders of Bitcoin.
The last time the U.S. Department of Justice, the IRS, and other agencies sold a single bitcoin was in July 2023. Since then, the government's unrealized profits have increased 2.4 times. #交易所 #SilkRoad
