$8.6B Bitcoin Move Sparks New Speculation Over Satoshi’s Identity

HomeNews* Bitcoin saw a record $8.6 billion transferred from dormant wallets in what is called the “Satoshi era.”

• Renewed speculation links Arthur Britto, Ripple cofounder, to the possible identity of Satoshi Nakamoto.
• Arthur Britto returned to social media after 14 years, coinciding with the large bitcoin movement.
• The identities behind the recent transfers and Satoshi Nakamoto remain unknown, fueling debate in crypto communities.
• Several figures, including David Schwartz and Roger Ver, have been mentioned as possible candidates, though none have confirmed these claims. In recent weeks, more than $8 billion worth of bitcoin mined during the cryptocurrency’s early development years moved for the first time. This large transfer from eight dormant wallets occurred as renewed attention focused on the mysterious identity of Satoshi Nakamoto, the founder of bitcoin.

• Advertisement - The transfer came shortly after Arthur Britto, a cofounder of Ripple and creator of the XRP Ledger, posted on his social media account for the first time since 2011. The timing of Britto’s return to the public eye has sparked theories within the crypto community that he could be Satoshi Nakamoto.

The 80,000 bitcoin moved to new modern wallets, a step that could help protect against advances in quantum computing. Despite extensive research by internet users, journalists, and documentary filmmakers, no individual has proven to be Nakamoto.

Speculation about Satoshi Nakamoto’s identity has often included prominent figures in crypto, from Elon Musk to Jack Dorsey, but all have denied involvement. The $100 billion value attributed to Satoshi’s known bitcoin holdings remains unclaimed, adding to the ongoing mystery.

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