The speculation about Satoshi Nakamoto?
Is Satosho Nakamoto a person or a group or a pseudonym no one can say for sure.
The name is shrouded with mystery and though the geek world that was the initial supporter of the idea behind Bitcoin has little or no say in how the price of Bitcoin moves in today's world where BTC is ruling not just the crypto markets but has also become one of the most sought after assets in a world that is quick to find new asset classes of value and latches to them quickly.
A case in point
When a legacy Bitcoin wallet holding some cool 80000 BTC saw some action after a gap of 14 years.
The movement in this wallet saw the price of BTC take a hit as it dipped below the support of $10800
and went as low as 107564. The dip was triggered by the premise that this moment happened in a wallet that could belong to the creator of BTC Satoshi Nakamoto.
Since the wallet holds a large number of BTC this wallet activity made the markets nervous as market movers feared a large chunk of this BTC stockpile could be moved to execute a sale order.
This speculation was enough to cause the BTC price to take a 1.6% Hit.
How the events unfolded on the BTC blockchain?
An old Bitcoin holder who can be referred to as a bitcoin whale has 80,009 BTC worth $8.69 Billion worth of BTC assets and who had not moved this crypto in the past 14 years suddenly sprang into action and move 40,000 BTC. At current valuation this comes to $4.35 Billion worth of funds.
Certainly this is no pocket change and when this kind of money moves on the blockchain it gets noticed and gets plenty of attention.
This whale controls about 8 wallets and out of these has received 20,000 $BTC which was back then an amount of $15600. The transaction dates back to the 2nd of April 2011 and the price of one BTC back than was $0.78 per BTC
Currently the price of this BTC stack is $2.18 Billion.
The other 6 wallets received 60,009 BTC or $202K value of BTC back when the transaction happened on May 4th 2011. Back then the price of 1 BTC was $3.37
Currently this BTC stash is worth $6.52 billion.
On the 4th of July 2025, 4 of these wallets transferred or sent out 40,000 BTC. Interestingly the other 4 wallets are still dormant.
The addresses which are getting all the attention are
1KbrSKrT3GeEruTuuYYUSQ35JwKbrAWJYm
12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me
1P1iThxBH542Gmk1kZNXyji4E4iwpvSbrt
1CPaziTqeEixPoSFtJxu74uDGbpEAotZom
1f1miYFQWTzdLiCBxtHHnNiW7WAWPUccr
1BAFWQhH9pNkz3mZDQ1tWrtKkSHVCkc3fV
14YK4mzJGo5NKkNnmVJeuEAQftLt795Gec
1ucXXZQSEf4zny2HRwAQKtVpkLPTUKRtt
This information about the transactions was share on x.com by the lookonchain account via this tweet
Is Satoshi coming back to live an active crypto life?
At one point the anonymous creator of Bitcoin had let go of the project and moved into the shadow of anonymity.
Despite a lot of debate and speculation he chose to remain anonymous and out of the limelight.
This led some people to believe that he may not be alive anymore.
By doing these transactions it does kindle the hope that he is alive. Though anyone who believes in the ideology of Bitcoin would very much hope that he is alive and fine.
Main image created with AI