Bitcoin has been on a bit of an upwards trajectory as of late with investors seeing decent gains in recent weeks.
This has brought a lot of eyes on the fact that almost 70,000 bitcoins, worth around a billion dollars, were moved for the first time in seven years late on Tuesday night for less than a $12 fee.
The funds can be traced back to the Silk Road marketplace using blockchain analysis.
The marketplace which offered illicit goods & services was shut down in 2013 and the funds had lain dormant since.
Its founder Ross Ulbricht is serving a double life sentence plus forty years without the possibility of parole.
It is unclear who moved the money, but it is unlikely the transaction was conducted from prison.
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