Two Satoshiera Bitcoin wallets, which had been inactive for over a decade, suddenly came to life, transferring a total of 3,422 BTC.
On May 6, Blockchain analytics firm Spot on the chain reported that one of its wallets tagged it with “”.1nwps” It moved 2,343 BTC and was valued at approximately $222.2 million. The funds for this wallet have not been touched for over a decade.
The second wallet, “1piek,” transferred 1,079 btc, about $102.5 million. This wallet has been inactive for even longer, with the last activity recorded almost 12 years ago.
Meanwhile, Sani, an independent blockchain analyst at TimeChainIndex, believes these addresses could go back to the Silk Road.
He examined the transaction history of these wallets to reveal historic UTXO integration, noting that in 2012 it tied it to the Silk Road.
Specifically, some of the funds that have moved recently came from 10,000 BTC transactions (TXID: 53952C…) believed to be derived from Holdings linked to the Silk Road. These coins have been split into multiple addresses, including two recently re-activated wallets.
His analysis also highlighted previous integrations, including 19,940 BTC (TXID: 8B555A…).
Taking this into consideration, Sani concluded:
“Recent movements have shown the first activity from these two wallets for over 12 years. The ultimate identity of the entities or individuals that move these long-term funds remains unknown, but their origins are clearly linked to the Silk Road.”
