Degen

Bitcoin wallets linked to the Silk Road black market, which had been inactive since July 2013, recently moved 3,421 bitcoins worth approximately $322.5 million.

This is the first transaction from these wallets in over ten years and ten months of silence. Data collected on May 5, 2025 shows that the move occurred in two separate transactions (2,343 and 1,078 bitcoins) and the funds were transferred to new addresses.

Blockchain analysis tools such as btcparser.com and Whale Alert identified the transactions. Sunny, founder of timechainindex.com, confirmed on Platform X that the bitcoins originated from Silk Road withdrawals in 2012.