$BTC $ETH
The US government transferred nearly 30,000 BTC worth $2 billion of "Silk Road" tokens, and this news broke more than 100 million US dollars
Arkham Intelligence's blockchain data shows that a wallet marked "US Government: Silk Road Justice Department" transferred 29,800 BTC to an unmarked address with no previous transaction history. Subsequently, the address forwarded 19,800 BTC and 10,000 BTC to two different addresses.
Arkham analysts predict that one of the 10,000 BTC transfers worth $670 million was a deposit to an institutional custodian or service agency.
On-chain analyst @ai_9684xtpa posted on the X platform that the address transferred by the US government this time was used to store some of the tokens seized by Silk Road in November 2020 (a total of 69,369 tokens). The last operation was four months ago. This operation may be for selling, or it may just be a regular fund transfer.
Because there was also a wallet fund transfer operation on April 2, the follow-up situation needs to be observed.
I remember that 3 days ago, after BTC rose to 69, I reminded that the good news is the knife of capital, be careful of being cut. The technical side does not yet constitute the conditions for a new high. Looking at the hype of the interest rate cut in August, there is basically some hope.
Isn't it more cost-effective to do Ethereum well now? Isn't the position below 3,300 attractive? There is still so much room to 4,000!
