US government moves 30,175 Bitcoin confiscated from Silk Road to Coinbase

The US government transferred 30,175 Bitcoin (BTC), approximately worth $2 billion, to a wallet linked to crypto exchange Coinbase on April 2. The move occurred amid a major dip in Bitcoin that took its price to a weekly low of $64,500 per BTC before bouncing above the key $65,000 support level. On-chain sleuth ZachXBT drew...

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