Bitcoin wobbles on sell fears as US moves $240M worth of Bitcoin to Coinbase address

The US government seized 3,940 Bitcoin (worth $240 million) from a Silk Road vendor after a trial in January 2024. The wallet tagged to the US government just moved all the Bitcoin to a Coinbase account, sparking fears of a major sell-off. About 3,940 Bitcoin that was seized from a Silk Road narcotics trafficker, Banmeet […] source: https://coinjournal.net/news/bitcoin-wobbles-on-sell-fears-as-us-moves-240m-worth-of-bitcoin-to-coinbase-address/