A mysterious person sent $1.2 million to the wallet of Satoshi Nakamoto, which had been inactive for fourteen years
January 7, 2024
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As most of you know, Bitcoin was launched in 2009. Satoshi Nakamoto It was created by a person or group under the pseudonym and published as open source.
As most of you know, Bitcoin was launched in 2009. Satoshi Nakamoto It was created by a person or group under the pseudonym and published as open source. Since Satoshi Nakamoto doesn’t even transact on the Bitcoin network, we don’t even know if he’s still alive or not. As such, there are many conspiracy theories floating around, and the news we will tell you today could pave the way for new theories.
An unknown person recently gained access to Satoshi Nakamoto’s Genesis wallet on the Bitcoin network. 26.9 Bitcoins sent this amount, approx. for $1.2 million It coincides. The Bitcoin transfer in question, which took place on January 5 and cost transaction fees of exactly $100, rightly raised new questions.
“Either Satoshi woke up, or someone burned a million dollars”
One of the most popular cryptocurrency platforms in the world Coinbase administrator Conor Grogan said in his message about the transfer:Either Satoshi woke up and bought 27 Bitcoins from Binance and deposited them in his wallet, or someone burned a million dollars” he said.
Interestingly, the 26.9 Bitcoins in question were not transferred directly from one wallet to another. According to blockchain analytics platform Arkham Intelligence, Bitcoins, which were initially held in three different wallets, were distributed across 12 wallets. It was then consolidated into one wallet on Binance. And then Satoshi 1 Transferred to Genesis wallet with name.
$1.2 million was deposited into the wallet, which has been inactive for 14 years…
The key detail that makes the topic interesting is that there has been no movement by Nakamoto on the Genesis wallet in question since Satoshi Nakamoto disappeared in 2010. In wallet when Nakamoto disappeared 50 Bitcoins was located. With small amounts sent over time, the number rose to 73 Bitcoins by the end of 2023. During the last transfer, the limit of 100 bitcoins was reached.
Despite everything, we can say that the millions of dollars in the Genesis wallet represent a very small part of Satoshi Nakamoto’s fortune. Since Nakamoto is estimated to own 1.1 million bitcoins, the current equivalent of this amount is approx $47 billion. A large fortune for someone we’re not even sure is still alive…
Not for reference, but you can listen to the stories of Turkey’s biggest fraudsters of all time in our video below.
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Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.