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Unknown User Moves 1005 BTC Mined in 2010: Is Satoshi Nakamoto Involved?

On August 14, an unknown user moved 1005 BTC mined in 2010. Blockchain researcher Kirill Kretov drew attention to the transaction.

Data: LinkedIn.

At the time of crediting to the original wallet, 13 years ago, the coins were worth $328. They are now valued at over $28.5 million.

Since these bitcoins were mined a year after the appearance of the first cryptocurrency, the community suggested that the address is associated with its anonymous creator Satoshi Nakamoto.

Data: X.

However, Kretov in a comment Cointelegraph refuted this theory. According to him, it was more likely to be a long-term holder or an organization associated with previous movements the first mined coins in the amount of 13,000 BTC in the period from 2020 to 2021.

The researcher also noted that the owner could sell bitcoins through an OTC transaction:

“I can expect the price to be higher than the current market because it is 100% pure bitcoin. Not to mention how old they are, which makes them particularly attractive to cryptonumismatics.”

At the same time, a similar balance in Bitcoin Cash remained at original wallet.

Recall that on July 22, the wallet, inactive for more than 11 years, moved all 1037 BTC on the balance sheet worth about $31 million.

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2023-08-17 13:07:05
#Satoshi #Era #Bitcoin #Wallet #Moved #BTC

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