⚡ Satoshi Nakamoto: A Hidden Seller Since 2019?
posted 25 Nov 2024
BTCparser researchers have proposed a new conspiracy theory: Satoshi Nakamoto, Bitcoin’s enigmatic founder, has allegedly been liquidating BTC from his wallets since 2019.
The report identifies a group of Bitcoin wallets from 2010, with each holding 50 BTC—the block mining reward of that time. These wallets showed no activity until November 2019, leading researchers to nickname them the “2010 Megawhale.”
The report identifies a group of Bitcoin wallets from 2010, with each holding 50 BTC—the block mining reward of that time. These wallets showed no activity until November 2019, leading researchers to nickname them the “2010 Megawhale.”
BTCparser believes Satoshi Nakamoto might be the owner, keeping these wallets deliberately untouched to maintain a low profile and avoid speculation.
Whether you call them researchers or conspiracy theorists, they’ve tracked activity from these wallets and uncovered a pattern:
- $5 million worth of BTC was sold in November 2019.
- Another $6–8 million followed in March 2020.
- By October 2020, sales reached $11–13 million.
- November 2024 saw a jaw-dropping $176 million worth of BTC hit the market.
The correlation between sales volume and Bitcoin’s rising value suggests a deliberate profit-taking strategy by this “whale,” rather than mere coincidence.
The notion that the mysterious ‘Mega Whale from 2010’ could be Satoshi Nakamoto gains tractionBTCparser claims. But for now, it remains an unproven theory.
Should Satoshi indeed hold the reins of these wallets, it would indicate a carefully orchestrated plan to protect his anonymity. BTCparser points out that the funds are first centralized in a single P2SH address, commonly used for escrow accounts, and subsequently distributed across various Bech32 segwit-format addresses.
The researchers also speculate that Coinbase, the exchange where these coins were deposited, might possess critical information about the actor behind these transactions—unless intermediaries were utilized to obscure their identity.
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