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:
However, Jameson Lopp, CTO at crypto security specialist Casa, denied this is Satoshi, saying: “No. Y’all need to up your analysis game.”
@mikehogan_ It’s complicated, but in general there is a pattern of extraNonces belonging to an early miner. That mi… https://t.co/t3huKiMua4
— Jameson Lopp (@lopp)
Bitcoiner and partner at Castle Island Ventures, Nic Carter, also chimed in:
Here’s a visualization of the Patoshi pattern with the block that was just spent. The blocks believed to be Satoshi… https://t.co/dogyrfuAAc
— nic carter (@nic__carter)
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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:
Other reactions:
It’s the first time since August 2017 than someone spent coins from early 2009. https://t.co/l9Zc3xpZr2
— Antoine Le Calvez (@khannib)
50BTC from an ancient Whale # is more impactful than whole Bitmex going down
— Dovey 以德服人 Wan 🪐🦖 (@DoveyWan)
Relax guys. Much higher chance it is NOT Satoshi than it is. Although can’t be proven, this has happened a few time… https://t.co/5PORdusSKM
— CZ Binance 🔶🔶🔶 (@cz_binance)
@MrHodl @crypt0e I know people who moved super old coins during the past 6 months to consolidate their ancient pre-… https://t.co/Z9ILivpraH
— Warren Togami (@wtogami)
CSW is going to try to spin this as “he is moving coins” the list he produced for court contains the first 10k addr… https://t.co/9marDSOkKs
— I am Nomad (@IamNomad)
2009 coins moving most likely doesn’t mean much. Best guess is not satoshi coins based on pattern analysis (… https://t.co/yyFZHKO7if
— Ari Paul ⛓️ (@AriDavidPaul)
