Ross Ulbricht, founder of Silk Road, received a 300 BTC donation valued at $31.4 million on June 1, 2025, triggering speculation in the crypto community.
Ulbricht, previously imprisoned for 11 years, has attracted attention for his financial activities post-release, including receiving smaller donations and auctioning off prison memorabilia.
The recent online auction of Ulbricht's prison items raised $1.3 million, with standout artifacts like his ID card and a painting. The 300 BTC donation is significant, potentially impacting BTC trading pairs if sold on exchanges.
The donation's sheer size suggests institutional or whale support, raising questions about its implications on the crypto market. Ulbricht's activities post-prison release continue to draw interest and contributions from the community.