Someone Just Moved 50 Bitcoins, Prompting Speculations It’s Satoshi Nakamoto

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Someone Just Moved 50 Bitcoins, Prompting Speculations It's Satoshi Nakamoto 101
Source: Adobe/Kevin

50 bitcoins (BTC) (USD 477,500), minted in the first month of Bitcoin’s existence and untouched for more than 11 years were moved today, prompting a wave of speculations that Satoshi Nakamoto “has awakened.” However, multiple industry players denied that these coins were moved by Bitcoin’s creator.

Here is the transaction:

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However, Jameson Lopp, CTO at crypto security specialist Casa, denied this is Satoshi, saying: “No. Y’all need to up your analysis game.”

Bitcoiner and partner at Castle Island Ventures, Nic Carter, also chimed in:

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At pixel time (15:52 UTC), BTC trades at USD 9,584 and is down by 1% in a day, trimming its weekly gains to less than 5%.

The total number of spent outputs that were created more than 10 years ago:

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Source: Glassnode

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