More than 30,100 bitcoin linked to the Silk Road hack and under the control of the US government appeared to be on the move Tuesday.

A wallet known to be owned by the US Department of Justice initiated a transfer of 0.001 BTC – around $65 as of Tuesday’s prices –  to a Coinbase wallet. Given the small amount, on-chain sleuths speculate that it could have been a test transfer in preparation for a larger sale of the long-held coins. 

When large sums of bitcoin are moved, especially amounts linked to high-profile cases, it often involves a series of calculated steps to ensure security and compliance. In such cases, a small test transfer is a common preliminary measure, used to…

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