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Sui Sui (SUI) $3.66 ↓ -4.92%
Bitcoin Cash Bitcoin Cash (BCH) $592.84 ↑ 3.10%
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Hedera Hedera (HBAR) $0.25 ↓ -5.95%
Avalanche Avalanche (AVAX) $22.95 ↓ -5.07%
Litecoin Litecoin (LTC) $119.54 ↓ -4.49%
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UNUS SED LEO UNUS SED LEO (LEO) $9.05 ↑ 0.36%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -4.53%
Uniswap Uniswap (UNI) $11.06 ↑ 0.36%
Polkadot Polkadot (DOT) $3.88 ↓ -4.27%
Cronos Cronos (CRO) $0.17 ↓ -1.78%
Dai Dai (DAI) $1.00 ↑ 0.02%
Ethena Ethena (ENA) $0.78 ↓ -5.33%
Bitget Token Bitget Token (BGB) $4.36 ↓ -2.18%
Monero Monero (XMR) $257.38 ↓ -7.49%
Pepe Pepe (PEPE) $0.00 ↓ -6.54%
Aave Aave (AAVE) $296.88 ↓ -2.76%
Bittensor Bittensor (TAO) $363.71 ↓ -5.12%
Mantle Mantle (MNT) $1.01 ↓ -3.84%
Ethereum Classic Ethereum Classic (ETC) $22.27 ↓ -3.74%
NEAR Protocol NEAR Protocol (NEAR) $2.61 ↓ -5.38%
Ondo Ondo (ONDO) $0.99 ↓ -4.07%
Aptos Aptos (APT) $4.56 ↓ -3.27%
Pi Pi (PI) $0.38 ↓ -6.80%
Internet Computer Internet Computer (ICP) $5.38 ↓ -4.47%
OKB OKB (OKB) $46.10 ↓ -0.79%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↓ -3.63%
Kaspa Kaspa (KAS) $0.09 ↓ -4.90%
Arbitrum Arbitrum (ARB) $0.44 ↓ -4.55%
Algorand Algorand (ALGO) $0.25 ↓ -7.33%
Pudgy Penguins Pudgy Penguins (PENGU) $0.03 ↓ -12.08%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.02 ↓ -3.56%
Cosmos Cosmos (ATOM) $4.51 ↓ -3.08%
GateToken GateToken (GT) $16.40 ↓ -1.94%
Bonk Bonk (BONK) $0.00 ↓ -11.98%
Render Render (RENDER) $3.74 ↓ -5.05%
Worldcoin Worldcoin (WLD) $0.98 ↓ -8.73%
Sky Sky (SKY) $0.08 ↓ -3.72%
Sei Sei (SEI) $0.30 ↓ -5.03%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $8.79 ↓ -4.35%
Filecoin Filecoin (FIL) $2.48 ↓ -5.17%
Story Story (IP) $5.67 ↓ -15.74%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.69 ↓ -4.58%
SPX6900 SPX6900 (SPX) $1.72 ↓ -8.15%
Flare Flare (FLR) $0.02 ↓ -3.13%
Jupiter Jupiter (JUP) $0.50 ↓ -4.71%
KuCoin Token KuCoin Token (KCS) $11.90 ↓ -0.10%
Four Four (FORM) $3.83 ↓ -1.38%
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Lido DAO Lido DAO (LDO) $1.49 ↑ 0.93%
Quant Quant (QNT) $109.81 ↓ -2.53%
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Celestia Celestia (TIA) $1.72 ↓ -6.99%
Stacks Stacks (STX) $0.71 ↓ -7.97%
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Pump.fun Pump.fun (PUMP) $0.00 ↓ -3.54%
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FLOKI FLOKI (FLOKI) $0.00 ↓ -8.25%
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Conflux Conflux (CFX) $0.19 ↓ -5.96%
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Home Cryptocurrency

Bitcoin Whale from Satoshi Era Moves Again: Speculations Arise

Gezim Osmani by Gezim Osmani
5 October 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
intriguing visual showing the movement of Bitcoin from a whale wallet tied to the Satoshi era The Bitcoin logo is prominently featur

According to blockchain analysis firm Arkham Intelligence, an anonymous Bitcoin whale has transferred a total of $3.6 million worth of BTC to the Kraken exchange. What makes this transfer intriguing is that the Bitcoin in question was mined just one month after BTC was first launched, back in early 2009.

Table of Contents

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  • Significant Transfer Sparks Curiosity
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  • Timing and Speculation

Significant Transfer Sparks Curiosity

In a post shared on X (formerly Twitter), Arkham noted, “A Bitcoin whale holding over $72.5 million worth of BTC, mined in February and March 2009, has transferred $3.58 million worth of Bitcoin to Kraken in its most recent activity.”

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This transfer follows another move by the same whale on September 24, when five Bitcoins were sent to Kraken. Such activity, especially from addresses tied to the Satoshi era, always draws significant attention from the crypto community.

Bitcoin whale from the Satoshi era moving large amounts of BTC The image features a mysterious Bitcoin logo in the foreg

Timing and Speculation

Interestingly, the timing of this whale’s recent transfer coincides with the release of a trailer for an upcoming HBO documentary that aims to uncover the true identity of Bitcoin’s anonymous founder, Satoshi Nakamoto. With the documentary set to air next Wednesday, some have speculated whether the whale’s activity is linked to the increased attention surrounding Satoshi Nakamoto.

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In a similar event this past August, Arkham reported that 10,000 Bitcoins, worth around $600 million at the time, were transferred to a Coinbase Prime wallet. This level of activity, especially from long-dormant accounts, tends to fuel conspiracy theories and market speculation.

As more eyes turn to Bitcoin ahead of the HBO documentary, the crypto world remains abuzz with questions. Whether the timing of this whale’s movements is pure coincidence or linked to the ongoing intrigue around Satoshi Nakamoto remains to be seen, but it certainly adds another layer of mystery to the Bitcoin market.

Tags: bitcoinbitcoin whaleHBO documentaryKrakenSatoshi Nakamoto
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Gezim Osmani

Gezim Osmani

Senior Journalist, Content editor Hi there! My name is Gezim, and I'm a Senior Journalist covering crypto and fintech. I have a passion for technology and finance, and I've spent years following the latest trends in the industry. My goal is to make complex financial concepts accessible to my readers. I strive to provide insightful analysis and explain the latest developments in the world of crypto and fintech in a way that is easy to understand. I believe that knowledge is power, and I want to empower my readers to make informed decisions about their finances. In addition to my professional pursuits, I also love to take photos. I find that photography allows me to capture moments and emotions in a way that words cannot. Whether I'm traveling to a new city or exploring the great outdoors, I always have my camera with me. Photography is a way for me to express my creativity and connect with the world around me. When I'm not working or taking photos, I also enjoy hiking and spending time in nature. There's something about being outside and surrounded by natural beauty that brings me peace and clarity. I also love to read, and I'm always seeking out new books and articles to expand my knowledge. Overall, I'm driven by a desire to help people understand the complex world of finance and technology. Through my writing, photography, and other pursuits, I'm committed to creating content that inspires and informs my readers. I believe that everyone has the potential to achieve financial success, and I'm here to help them along the way. I would love to connect and see how we can work together to shape the future of crypto anf fintech. Let's connect and see where our shared interests and expertise can take us!

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