Another Satoshi-Era Wallet Gets Activated

As an analyst with over two decades of experience in the tech and financial industries, I find these recent activations of ancient Bitcoin wallets intriguing, to say the least. The timing and value of these transactions hint at a story yet to be fully unraveled.


Over the past few days, I’ve noticed an interesting resurgence – ancient Bitcoin wallets are becoming active again. It’s intriguing, isn’t it?

Approximately fifteen-and-a-half hours haven’t passed since an old Bitcoin wallet, previously dormant and holding around 28 Bitcoins ($1.8 million as of now), was reactivated following over a decade of being idle.

On Sept. 24, another Satoshi-era Bitcoin address with 24 BTC emerged from hibernation. 

As a researcher, I’m excited to share an intriguing event that took place on September 22nd. Some of the very first Bitcoins ever created were moved for the first time in over fifteen years! This is quite extraordinary. However, it’s unlikely that these coins were mined by Satoshi Nakamoto himself, as on-chain analysis indicates that these coins weren’t connected to one of the Patoshi blocks, which are believed to have been mined by Satoshi Nakamoto.

As per Sergio Dermain Lerner’s findings based on the well-known “Patoshi pattern,” it is likely that the anonymous creator of Bitcoin conducted the mining of over 1 million coins using just one personal computer. Although the true identity of the Bitcoin founder remains elusive, this evidence significantly implies that he was a solitary individual.

The most recent transaction with an ancient origin, that occurred on Thursday, is hardly associated with Satoshi. Yet, it transpired during a time when the inventor of Bitcoin was still active on the internet.

Currently, the Bitcoin community is abuzz with theories regarding the cause of the recent surge in the activation of old wallets. Notably, HODL15Capital posits that these recent transactions might be linked to a security breach or hack.

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2024-09-26 11:43