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Silk Road-linked Bitcoin wallets move 3,421 BTC in May 2025; fresh consolidation on Dec. 10

Analysts say two Bitcoin wallets tied to Silk Road-era activity moved 3,421 BTC in May 2025. On-chain data indicates the funds were consolidated into new SegWit custody rather than sent to exchanges. On Dec. 10, more than 300 Silk Road-labeled wallets carried out over $3 million in additional consolidation. The pattern points to housekeeping moves that differ from past U.S. government transfers routed to Coinbase Prime.