The Redditor elaborates on how the transfer was made. According to the user, the original account from which the money was transferred dates back to 2014 and is believed to be linked to one of the Silk Road accounts.
It is unknown whether the wallet owner wants to sell or transfer these coins. However, according to the last findings, they have been transferred to Bitfinex, Binance and BitMEX in the past 10 days.
The wallet owner has transferred over 11,114 BTC to Bitfinex, one of the leading cryptocurrency exchange platform which was in the limelight recently due to halting trading services.
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