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Home » Satoshi Nakamoto Awakens? Purchases 26.9 BTC for £1.17 Million from Binance and Transfers to Bitcoin Genesis Wallet
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Satoshi Nakamoto Awakens? Purchases 26.9 BTC for £1.17 Million from Binance and Transfers to Bitcoin Genesis Wallet

Jan. 6, 20243 Mins Read
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Satoshi Nakamoto Awakens? Purchases 26.9 BTC for £1.17 Million from Binance and Transfers to Bitcoin Genesis Wallet
Satoshi Nakamoto Awakens? Purchases 26.9 BTC for £1.17 Million from Binance and Transfers to Bitcoin Genesis Wallet
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According to online data, in the early hours of today, an address purchased 27 bitcoins (approximately $1.17 million) from Binance and immediately transferred them to the wallet of Satoshi Nakamoto, the creator of Bitcoin, who has been dormant for many years.

(Previous context:
What are the chances of “brute-forcing” Satoshi Nakamoto’s wallet? Can it make someone a Bitcoin billionaire? Here’s the probability calculation for you.)

(Background information:
100 Bitcoin sold after 13 years, returns 4.3 million times, Satoshi Nakamoto’s wallet found by a miner at the same time)

After disappearing for many years, the creator of Bitcoin, Satoshi Nakamoto, has finally revealed a new clue. According to data from Blockchain.com, on the 6th of this month, an address starting with “bc1q9” purchased 27 bitcoins (equivalent to approximately $1.17 million at the current price of BTC, $43,506.45) from Binance and sent them to the wallet address of Satoshi Nakamoto: “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa”.

This address is marked as “Satoshi 1” and was used by Satoshi Nakamoto to receive the 50 BTC block reward for the genesis block on January 4, 2009. The wallet currently holds 99.676 bitcoins, worth approximately $4.347 million, and has never transferred any BTC to date.

Is Satoshi Nakamoto awake?

According to data from Bitinfochart, although there have been many addresses sending small amounts of bitcoins to the Satoshi Nakamoto wallet over the years, this transaction is the largest in terms of quantity (the previous highest was 4 BTC transferred in 2013). This has sparked discussions within the cryptocurrency community.

Conor, the CEO of Coinbase, said on X platform this morning:

Further reading:
Satoshi Nakamoto appears on X and causes a stir, community exposes the truth behind the Australian Nakamoto!

Regarding this transaction, the community is curious about whether the person who transferred the significant amount of 27 bitcoins to the Satoshi Nakamoto wallet is Satoshi Nakamoto himself or someone else. Some netizens have speculated with wild imaginations, “It’s possible that BlackRock is the holder of the Satoshi Nakamoto wallet and has fooled everyone.” Some netizens jokingly said, “This could be the IRS, they are forcing Satoshi Nakamoto to report this transaction and his real identity will be revealed.”

However, some people believe that Binance may be the only one in the world who knows the true identity of “Satoshi Nakamoto,” but due to KYC regulations, they may not be able to disclose any relevant information.

Related reports
Satoshi Nakamoto as the high priest? Dogecoin founder suggests Michael Saylor: Build a Bitcoin temple
After 12 years of dormancy, “Satoshi Nakamoto’s mining peer” mines a thousand bitcoins in two weeks, with the value of BTC increasing by 22,560 times
Satoshi Nakamoto celebrates his 48th birthday! What Easter eggs did the father of Bitcoin hide on 4/5?

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