two big Bitcoin (BTC) address moved after more than 12 years of inactivity. Speculations circulated again in the community that Satoshi Nakamoto is back.
Blockchain data tracking platform BTCparser has detected that the two major Bitcoin addresses, also cited by Whale Alert, have moved 100 BTC for the first time since 2009.
The older of the two addresses was created on November 22, 2009 and sent a little over 50 BTC to an unknown address. The newer address was created on November 23, 2009 and transferred a little over 50 BTC to another unknown address.
💤 A dormant address containing 50 #BTC (2,158,390 USD) has just been activated after 12.4 years!https://t.co/SWsq8ubLVm
— Whale Alert (@whale_alert) April 7, 2022
💤 A dormant address containing 50 #BTC (2,165,186 USD) has just been activated after 12.4 years!https://t.co/l4nWRMAz66
— Whale Alert (@whale_alert) April 7, 2022
The two addresses initially had 50 BTC, but in the intervening time, they recorded very little BTC increase. Small amounts of Bitcoin sent to these addresses, usually small amounts sent to wallets, are a method commonly known as “dusting attacks”. In this method, the aim is to reveal the owner of the wallets. As the crypto community has long wondered about the identity of Satoshi Nakamoto, it is a known fact that such attempts have been made to long-standing and pioneering BTC wallets.
When these wallets, which were opened very early, move after a long time, the community immediately Satoshi Nakamoto Is he back, he started spreading the news. Satoshi is thought to have held or at least mined BTC with current values exceeding $43 billion.
So far, the last known activity of the two addresses has occurred less than eleven months after Bitcoin was launched in January 2009. It also took place a little over 12 months before Satoshi disappeared.
The last known publicly verifiable move by Satoshi Nakamoto was in December 2010. BitcoinTalk the name took place on the forum. It was seen when the pseudonymous creator mentioned a Bitcoin software update designed to prevent denial-of-service attacks.
Bitcoin was trading at around $0.001 in November 2009. The leading cryptocurrency is trading at $43,482 at the time of writing.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.