Donald Trump

Silk Road

Arkham

Drops

On Monday, the United States government moved $2 billion worth of seized Bitcoin, significantly impacting the market, just two days after presidential candidate Donald Trump pledged to start amassing bitcoin (BTC). 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 BREAKING: The US. Government just moved $2B of Bitcoin to a new address: bc1qsl993y04xnq4fyhmrt6cnmctgjjv9ukdvrk0cd <a href="https://t.co/JQvjKIuRNn" target="_blank">pic.twitter.com/JQvjKIuRNn</a>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1817962145985724629?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 29, 2024</a>
 </blockquote> 
 </div>
</figure> 
The transaction involved a wallet labeled “U.S. Government: Silk Road DOJ,” which was known for holding Bitcoin seized from the Silk Road operation. 
The wallet containing 29,800 BTC was <a href="https://twitter.com/ArkhamIntel/status/1817975722662670643?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1817975722662670643%7Ctwgr%5Ea3554d9e9e8d1e7d0ae2be795090d655a30b069b%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.coindesk.com%2Fmarkets%2F2024%2F07%2F29%2Fbitcoin-tumbles-below-67k-as-us-government-moves-2b-of-silk-road-tokens%2F" target="_blank" rel="noreferrer noopener">moved</a> to an address with no prior transaction history. This address acted as an intermediary. This address then forwarded 19,800 BTC to another address, while 10,000 BTC, valued at around $670 million, was sent to a third address.&nbsp; 
After the transfer, Bitcoin <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noreferrer noopener">continued</a> to fall, breaking below $67,000 after reaching a session high of $70,000 earlier today. Bitcoin was trading at around $67,400 at the time of publication, a 1.12% decrease from the previous day. 
According to Arkham’s statistics, the U.S. government had $12 billion worth of seized bitcoin before the transfer. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/07/23/u-s-govt-transfers-4m-in-seized-bitcoin-to-unidentified-wallet/" target="_blank" rel="noreferrer noopener">U.S. Govt Transfers $4M in Seized Bitcoin to Unidentified Wallet</a> 
</blockquote>

US Gov. Moves $2B Silk Road Bitcoin, Price Drops Below $67K

The Crypto Times

Altri articoli pubblicati su 29 lug 2024

Solana's Solend Rebrands to Save and Launches Dumpy.fun for Shorting Memecoins

Whales Boost ARB Token Holdings

ABD’nin 2 Milyar Dolarlık Bitcoin Transferinin Sebebi Belli Olmaya Başladı – Bloomberg Analisti A...

Dogecoin market watch: Is a rally possible amidst whale selling?

Tokyo's BitFlyer Acquires FTX Japan, Aims For Crypto ETFs

Coinbase Demands SEC Release Gary Gensler’s Private Emails in New Court Motion

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!