Why was Satoshi Nakamoto randomly sent 26 bitcoins?
Recently, an anonymous user sent 26 Bitcoins to the wallet of fake Bitcoin creator Satoshi Nakamoto, sparking speculation about his intention to transfer over $1 million worth of digital assets.
The current Bitcoin price is $44,239, which is equivalent to $1.15 million.
Satoshi Nakamoto holds the main Bitcoin Wallet
According to data from blockchain.com, the transaction took place on January 6. It was sent to the first wallet created on the Bitcoin network.
However, US Attorney Jeremy Hogan predicted on X (formerly Twitter) that the move would be to force Satoshi Nakamoto to reveal his identity.
Recently implemented Internal Revenue Services (IRS) regulations in the United States require reporting of any crypto transaction over $10,000. This includes providing names and addresses within 15 days of receipt of the transaction.
“Why?? The only thing that makes any sense is that the sender is pouring Satoshi out. According to the new IRS rules, you have to report any crypto receipts over $10k. So, Satoshi must kill himself or break the law.”
Read more: Who will have the most Bitcoins in 2024?
Assessing Satoshi Nakamoto's Bitcoin Holdings
According to many estimates, Nakamoto owns no less than 1.1 million BTC. BeenCrypto recently estimated what the price might be if a crypto bull run occurs in 2025.
Community members speculate that the upcoming Bitcoin halving will start a new Bitcoin bull run. However, there is speculation that the halving could make Satoshi Nakamoto one of the richest men in the world.
In the year In 2009, when Bitcoin was unknown to the everyday person, Nakamoto as the creator of BTC was issuing the first coins. Although he soon stopped, he had time to withdraw over a million coins. According to the Arkham Report, Satoshi Nakamoto holds 1.1 million BTC.
Read more: What is Satoshi?
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