Did Satoshi Nakamoto’s Bitcoin Wallets Just Move? Here’s What Analysts Say
The post Did Satoshi Nakamoto’s Bitcoin Wallets Just Move? Here’s What Analysts Say appeared on BitcoinEthereumNews.com. Five dormant Bitcoin (BTC) wallets mined in 2010 collectively moved 250 BTC, worth approximately $29.6 million, on Thursday, following over 15 years of dormancy. However, it seems unlikely that Satoshi’s BTC holdings are alive and on the move. Legacy Bitcoin Miner Wallets Wake Up After 15 Years Thursday transactions reignited speculation about early miners and Satoshi Nakamoto, Bitcoin’s pseudonymous creator. The coins were mined on April 26, 2010, just months before the Patoshi mining pattern ceased activity. The Patoshi Pattern refers to a distinct and traceable mining pattern found in the early blocks of Bitcoin, believed to be linked to Satoshi Nakamoto. It was discovered by researcher Sergio Demián Lerner in 2013 through detailed blockchain analysis. 5 miner wallets woke up after being dormant for over 15 years and transferred 250 $BTC($29.6M) out an hour ago. These miner wallets earned 50 $BTC each from mining on Apr 26, 2010. Wallets:1NuqAKeX6JzW372QfEe7eFkewFx21fnqd312EWRT19v2eAvWjGDWjodCe7NP1CzmFphT… pic.twitter.com/vGttaE6MxY — Lookonchain (@lookonchain) July 31, 2025 However, blockchain analysts believe these funds are unlikely to be linked to Satoshi himself. Reportedly, these coins moved when Satoshi was active on the Bitcoin network. “According to our research, the two 50 BTC dormant address transactions earlier today were mined at the end of the period during which Satoshi was active (until around block 54,316). However, it is very unlikely the blocks were mined by Satoshi,” wrote Whale Alert, an on-chain tracking service. Satoshi’s BTC tokens are associated with the Patoshi Pattern, a trend noticed during Bitcoin’s early days. The idea is that Satoshi was mining Bitcoin early on with a single setup. Meanwhile, the Patoshi miner is a distinctive and well-documented mining entity believed to be operated by Satoshi. In a previous report, Whale Alert estimated the number of blocks mined and Bitcoins owned by Satoshi. The research cited 1,125,150 BTC mined up…
The post Did Satoshi Nakamoto’s Bitcoin Wallets Just Move? Here’s What Analysts Say appeared on BitcoinEthereumNews.com.
Five dormant Bitcoin (BTC) wallets mined in 2010 collectively moved 250 BTC, worth approximately $29.6 million, on Thursday, following over 15 years of dormancy. However, it seems unlikely that Satoshi’s BTC holdings are alive and on the move. Legacy Bitcoin Miner Wallets Wake Up After 15 Years Thursday transactions reignited speculation about early miners and Satoshi Nakamoto, Bitcoin’s pseudonymous creator. The coins were mined on April 26, 2010, just months before the Patoshi mining pattern ceased activity. The Patoshi Pattern refers to a distinct and traceable mining pattern found in the early blocks of Bitcoin, believed to be linked to Satoshi Nakamoto. It was discovered by researcher Sergio Demián Lerner in 2013 through detailed blockchain analysis. 5 miner wallets woke up after being dormant for over 15 years and transferred 250 $BTC($29.6M) out an hour ago. These miner wallets earned 50 $BTC each from mining on Apr 26, 2010. Wallets:1NuqAKeX6JzW372QfEe7eFkewFx21fnqd312EWRT19v2eAvWjGDWjodCe7NP1CzmFphT… pic.twitter.com/vGttaE6MxY — Lookonchain (@lookonchain) July 31, 2025 However, blockchain analysts believe these funds are unlikely to be linked to Satoshi himself. Reportedly, these coins moved when Satoshi was active on the Bitcoin network. “According to our research, the two 50 BTC dormant address transactions earlier today were mined at the end of the period during which Satoshi was active (until around block 54,316). However, it is very unlikely the blocks were mined by Satoshi,” wrote Whale Alert, an on-chain tracking service. Satoshi’s BTC tokens are associated with the Patoshi Pattern, a trend noticed during Bitcoin’s early days. The idea is that Satoshi was mining Bitcoin early on with a single setup. Meanwhile, the Patoshi miner is a distinctive and well-documented mining entity believed to be operated by Satoshi. In a previous report, Whale Alert estimated the number of blocks mined and Bitcoins owned by Satoshi. The research cited 1,125,150 BTC mined up…
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