US government-linked wallets moved Bitcoin worth over $300 million that are connected to the Silk Road, a once-thriving illegal marketplace on the darknet. The transactions were carried out the transfer in three distinct transactions, as evidenced by on-chain data from Blockchain.com. 

The collective transaction totaled 9,825 Bitcoin, equating to roughly $301 million. This hefty operation follows a prior transaction of even greater magnitude back in March, where over $1 billion worth of Bitcoin was transferred out (3rd and 4th transaction in the above photo).

According to the digital record, distinct transactions were executed, totaling 9,825 Bitcoin, or approximately $301 million. These government-controlled wallets have a history of large-scale operations, with a previous transfer exceeding $1 billion in Bitcoin made in March.

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Author: Emily Tonelli

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