Bitcoin Wallet Linked to Dark Web Market Nucleus Transfers $77.5 Million as Dormancy Ends

COINOTAG News reports on March 8th that recent data from Arkham Monitor reveals a significant development involving a Bitcoin wallet linked to the former dark web marketplace Nucleus. This wallet, which had remained inactive for nearly seven years since the site’s closure in April 2016, has resumed activity, transferring an impressive $77.5 million worth of BTC to three new addresses. Remarkably, the primary wallet continues to retain a substantial balance of $365 million worth of Bitcoin. This resurgence raises questions about the future implications for illicit trade and the movement of cryptocurrency within the shadowy realms of the internet. Observers in the crypto sphere are keenly monitoring these developments, as they may signal potential shifts in market dynamics and regulatory scrutiny.

Source: https://en.coinotag.com/breakingnews/bitcoin-wallet-linked-to-dark-web-market-nucleus-transfers-77-5-million-as-dormancy-ends/