30.1K BTC ($2.1B) of Silk Road funds controlled by US government is on the move.

0.001 BTC ($69) transferred to a Coinbase deposit address so it’s possibly a test transfer.

https://blockchair.com/bitcoin/transaction/9c3af4b48e66565f1da1da8278036fa1dbb09f2beaaca99c3504475390ba4590

Update: 1999.99 BTC ($139.2M) transferred to the same Coinbase Prime deposit address 

txn hash

Update: 1999.99 BTC ($139.2M) transferred to the same Coinbase Prime deposit address 

txn hash

https://blockchair.com/bitcoin/transaction/b614dd2e0fa06d776ee4d45973fab5ceb6e2dfebfb84e5f7bd45ef0975455240

i can only assume they’re coming to buy our bags

Really thankful for you Zach. We would be lost without your guidance and oversight.  

10 $DEGEN

They shouldnt dump much. They should have the intelligence that it would make sense to keep it and not dump but who knows lol. The govt having more faith in btc and not the us dollar would not be a good look.

Don't they usually sell these at auction? What are they up to this time?

Its cool that we are able to see how the government is using and moving that amount of money, and how easily accessible it is, since it is onchain.

next batch will get fat fingered, haven’t been a good scandal in a while.

Zach is on here! Nice

🍖 X 20

100 $DEGEN

it was nice while it lasted 🫡 500 $degen

The people making these transactions have to be sweating so hard while doing this.

Hmm, wonder what they are going to use the funds for... 🤔