A new theory proposed by Bitcoin research firm BTCparser suggests that Satoshi Nakamoto has never gone dormant and has been strategically cashing out from Bitcoin wallets created in 2010. According to the theory, these wallets, each containing 50 Bitcoin, were inactive until November 2019, during which the term ‘2010 megawhale’ was coined. BTCparser posits that Nakamoto may have been selling these later coins while keeping the 2009 wallets untouched to maintain anonymity and prevent drawing attention. Over time, Satoshi is believed to have liquidated funds from these wallets into a P2SH address before transferring them to various addresses. Sales began in November 2019, with subsequent transactions in 2020 and a recent sale on November 15, 2024, with volumes suggesting a strategic approach aligned with Bitcoin's rising value. This theory raises intriguing questions about the identity of Bitcoin's creator and their current engagement with the cryptocurrency market.

Source 🔗