Hundreds of long-dormant wallets linked to Silk Road suddenly came back to life, triggering fresh curiosity across the crypto market.
On Tuesday, a cluster of Silk Road-associated wallets that had remained untouched for years began moving simultaneously. On-chain data shows that at least 312 addresses transferred roughly 3.14 million dollars worth of BTC to a single unidentified destination, raising new questions about why these synchronized actions took place.
Reports indicate that these wallets still hold around 41.3 million dollars in BTC, yet the motive behind the transfers remains unclear. The activity revived earlier commentary pointing out that tens of millions of dollars worth of Bitcoin were still tied to addresses historically associated with the Silk Road case.
The resurgence of these wallets follows renewed public interest after the full pardon granted earlier this year. While Ulbricht emphasized themes of freedom and decentralization in his first remarks after the decision, it remains unknown whether the latest movements have any connection to him.
