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Wild New Satoshi Nakamoto Theory Emerges From Massive $8 Billion Bitcoin Transfer Mystery
Bitcoin has rocketed higher over the last 10 years, confounding its critics and making its mysterious creator Satoshi Nakamoto potentially one of the world’s richest people.
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Bitcoin’s rise, which some think could be just getting started, has sparked huge interest in the identity of Satoshi Nakamoto, who has remained anonymous despite multiple attempts to unmask them.
Now, as a perfect storm is heading toward bitcoin, a $8.6 billion anonymous bitcoin transfer just weeks after Arthur Britto, a cofounder of Ripple’s XRP, broke a 14-year silence has sparked wild speculation he could be Satoshi Nakamoto.
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Bitcoin investor moves $8 billion worth of crypto after 14 years, originally bought for less than $210,000 — 80,000 BTC transferred from dormant Satoshi-era wallet
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An ancient beast has suddenly risen from its slumber after lying dormant for 14 years. In the realm of crypto, such a beast is known as a whale—an early adopter of the blockchain holding massive amounts of currency. Whales are often closely monitored by the community due to their foresight; therefore, even the slightest activity can be read as a signal based on which the markets can shift.
One of these whales, currently speculated to be Roger Ver, has moved 80,000 Bitcoin over the past 24 hours. That's more than $8.6 billion in regular people's money, made from an initial investment of less than $210,000 back in 2011. Doing the math, this mystery whale has achieved a hypothetical return of nearly 4 million percent over its initial purchase, or approximately 40,000 times the original amount.
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