Is Satoshi Nakamoto selling his BTC?

Is Satoshi Nakamoto selling his BTC?
Is Satoshi Nakamoto selling his BTC?

Could Satoshi Nakamoto be transferring part of his immense fortune into Bitcoin (BTC)? This is the theory of analyst BTCparser, who notes several movements on old addresses linked to a “megawhale”. Focus on the alleged actions of the creator of the largest cryptocurrency.

Satoshi Nakamoto: the person behind the “megawhale” of 2010?

To understand why an analyst makes this surprising assertion, we must return to the study of several Bitcoin addresses. According to BTCparser, several addresses were in fact created in 2010, at the launch of the Bitcoin network. Each of them contained 50 BTC. As a reminder, it was a trifle at the time, but 50 Bitcoins are now worth nearly $5 million.

These addresses would be linked together according to BTCparser, and they belong to a single “megawhale” which would transfer the bitcoins little by little :

« On this date, this entity has awakened 24,000 bitcoins through periodic movements. The first time this happened was in November 2019 and the last time was in November 2024.”

???? Our guide to Satoshi Nakamoto, the mysterious creator of Bitcoin

BTCparser analysis shows that this latest transfer transferred 2,000 BTC, or an approximate value of $176 million. Could it then be Satoshi Nakamoto?

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Discreet Bitcoin sales?

BTCparser estimates that Satoshi Nakamoto has no interest in touching his 2009 bitcoins, as they are particularly closely monitored. But he could have mined BTC from 2010, and these would be more “sellable”, because they are more discreet:

« If Satoshi has access to a stock of coins mined in 2010, he does not need to touch his original wallets from 2009. [Cela] would allow him to live the high life while keeping his identity a secret. »

It’s still unclear at this point who Satoshi Nakamoto was – or even if it was just one person. The numerous attempts to unmask him, including a recent one by HBO, often seem to lead to dead ends. Hence a certain caution from BTCparser at the conclusion of the analysis:

« This is of course just a theory as a blockchain researcher. […] If true, this depicts a creator who meticulously planned things to ensure his anonymity. »

???? Also in the news – City of Lugano immortalizes Satoshi Nakamoto with statue dedicated to Bitcoin legacy

What seems certain is that a large whale periodically and discreetly sells its Bitcoins, and that she waited almost 10 years before touching her assets. Is this Satoshi Nakamoto? We will probably never know, but it shows the substantial fortune of those who chose to invest in Bitcoin in its early days.

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Source : BTCparser

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Journalist at Cryptoast since 2017, I am passionate about the issues of decentralization, privacy and regulation. I specialize in traditional economics and finance by analyzing how news in this sector influences the cryptocurrency industry, providing a unique and informed perspective to Cryptoast readers.

Marine Debelloir

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