Silk Road Sell-Off? $800M Bitcoin Wallet Sees Mysterious Movement103.1

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

The results of multiple analyses by Reddit user u/sick_silk reveal the owner of the wallet, which first appeared in May 2014 with a balance of 111,114.615 BTC ($802.4 million), has begun “actively” moving coins to destinations including exchanges.

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