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Cryptoslate

Silk Road Bitcoin wallets just woke up, but one critical on-chain detail defies the usual crash narrative

Two Bitcoin wallets linked by analysts to Silk Road-era activity last moved 3,421 BTC in May this year. Now, follow-on activity on Dec. 10 added a fresh pulse to a year of dormant-supply awakenings. According to the Digital Watch Observatory, the May spends totaled about 3,421 BTC, roughly $322.5 million at the time. The sequence [...]The post Silk Road Bitcoin wallets just woke up, but one critical on-chain detail defies the usual crash narrative appeared first on CryptoSlate.

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