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🧵 2. 8,200 BTC being reallocated to new wallets, remaining funds to "change wallets." Unclear if genuine movement.

🧵 3. Transactions involve "replace by fee" function. Similar movement occurred in June, sparking debate over control.

🧵 4. U.S. government seized 50,000 BTC from James Zhong in 2022, now divesting some. 41,490 BTC still held.

🧵 5. Coinbase likely platform for sale of seized coins. Stay tuned for updates on Silk Road funds.