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BTC Wallet of Illegal Marketplace Holding Huge Amount of Bitcoin Wakes Up After 9 Years – What’s Happening?

BTC Wallet of Illegal Marketplace Holding Huge Amount of Bitcoin Wakes Up After 9 Years – What’s Happening?

Bitcoinsistemi2025/03/08 10:11
By: Mete Demiralp
BTC+0.62%SOL+6.47%XRP+2.78%
What is the mystery of the wallet that moves the Bitcoins it has today, years after it was closed a long time ago?

According to cryptocurrency research firm Arkham Intelligence, an ancient darknet marketplace hosting a huge amount of Bitcoin has woken up from its great slumber after nine years and is making active transactions.

According to the data, the illegal marketplace Nucleus Marketplace, which owns a total of $400 million in Bitcoin, emerged from a 9-year dormancy a few minutes ago and transferred $77.5 million worth of BTC to 3 new wallets.

The antique marketplace still has $365 million worth of BTC in its wallets.

Nucleus Marketplace was an illegal drug marketplace on the darknet that shut down in 2016 after its founder was caught by law enforcement or to avoid fraud charges.

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The Bitcoins in the wallets owned by the marketplace have not been moved since then.

It is not yet known what the activation of the wallets means. However, an important cryptocurrency summit will be held in the US today, and earlier in the day, Donald Trump signed an executive order that will add the BTCs seized so far to the US Strategic Bitcoin Reserve. This suggests the possibility that the founder of the illegal marketplace has been caught by the US and that the assets are in the hands of the US government, as unconfirmed information.

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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