Silk Road wallets transfer $3.1M in BTC after 10-year dormancy

Wallets associated with the dark web marketplace Silk Road have become active after a decade of dormancy, The Block reported. Citing data from Arkham, the report notes that 312 of these wallets transferred BTC worth $3.14 million to an anonymous address beginning with "bc1q." The purpose of the transfer remains unclear. The wallets still hold approximately $41.3 million in BTC. The development follows President Donald Trump's pardon of Silk Road founder Ross Ulbricht.