Crypto enthusiast ZachXBT recently conducted an investigation to shed light on the speculation surrounding certain actions. It was revealed the funds in question are actually a portion of the reclaimed Bitcoin from notorious “Sil Road hack.” Following the shutdown of this infamous darknet marketplace in 2013, law agencies managed to locate and apprehend the hacker responsible, subsequently seizing total of ,676 BTC. Since then, the government has been gradually selling off these seized Bitcoin holdings in batches.
Could 240M Bitcoin Transfer Worsen Bearish Market Sentiment
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