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Silk Road-Linked Bitcoin Wallets Move $3M, SpaceX Transfers $94M BTC to Coinbase

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BTC news today reveals that $3 million in Bitcoin tied to Ross Ulbricht, Silk Road’s founder, has moved. Coinbase’s Conor Grogan confirmed the transfers from wallets linked to Ulbricht, which held 430 BTC ($47 million) in January 2025. Separately, a SpaceX-linked wallet sent 1,021 BTC ($94.48 million) to Coinbase Prime for custody, per Lookonchain. This BTC update highlights two major on-chain movements in a single week.
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