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Darknet marketplace wallet with over $400M BTC awakens after 9 years

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

The wallet went dormant with 5,000 BTC after the marketplace, which facilitated drug and weapons sales, went down in April 2016.

A crypto wallet holding over $400 million in Bitcoin (BTC) linked to the darknet marketplace Nucleus has awakened after nine years, according to Arkham Intelligence. On March 7, the entity controlling the wallet moved $77.5 million in BTC to three new addresses, leaving $365 million in the primary wallet.

The wallet had been dormant since April 2016, when the marketplace shut down with 5,000 BTC from vendor and customer deposits. At the time, the funds were worth roughly $2.1 million, according to Arkham’s tracker.

Related: Who is the mysterious Bitcoin creator, Satoshi Nakamoto?

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  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
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  • Norway’s government explores crypto mining ban amid energy supply concerns
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