An “ancient” Bitcoin whale that mined BTC in the Bitcoin network’s first two months of existence has moved more BTC to cryptocurrency exchange Kraken, a blockchain data firm says.
“This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009,” Arkham Intelligence pointed out in an Oct. 4 X post.
The mysterious Bitcoin whale transferred 10 Bitcoin (BTC) — worth $610,000 — in the latest Oct. 3 transfer.
They have now moved $3.58 million to Kraken since Sept. 24. Before that, the wallet address had been dormant for a decade, Arkham noted in an earlier X post:
“After moving several times from 2011-2014, his Bitcoin was then held dormant for almost 10 YEARS straight – during which it increased in value from $474K to over $80M.”
The “3JZsd…QerUW” wallet address currently holds 1,169 Bitcoin (BTC) — worth $72.4 million at today’s prices — Arkham data shows.
It comes amid renewed speculation over the true identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto.
HBO is set to release the “Money Electric: The Bitcoin Mystery” documentary on Oct. 8 which the producers claim will reveal who Nakamoto is.
Related: Exclusive: Inside a Swiss nuclear bunker’s secret Bitcoin vault
Deceased American computer scientist Len Sassaman is the odds-on favorite to be named Nakamoto in the HBO documentary.
Sassaman was a renowned cypherpunk who committed suicide on July. 3, 2011 — a little over two months after Nakamoto disclosed they had “moved on to other things.”
A memorial of Sassaman was encoded into Block 138,725 of the Bitcoin blockchain.
It’s unclear exactly what connection Sassaman had with Bitcoin.
However, Cointelegraph found several 13-year-old X posts of Sassaman criticizing Bitcoin for its lack of “privacy” features and “fraud reversal protection.”
Back in 2021, Sassaman’s late wife Meredith Patterson said to the “best of my knowledge, Len was not Satoshi.”
Bitcoin is currently trading at $61,815 — up 1.5% over the last 24 hours but still 16% off its March. 14 all-time high of $73,738, CoinGecko data shows.
Magazine: Bitcoin ETFs make Coinbase a ‘honeypot’ for hackers and governments: Trezor CEO
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