Satoshi Did Not Disappear; He Became a “Mega Whale” — Theory from BTCparser

The cryptic persona of Satoshi Nakamoto continues to fascinate the blockchain enthusiasts. Please rewrite this sentence by replacing only the words with synonyms: According to a theory proposed by BTCparser, Satoshi has not vanished but has instead transformed into a “mega whale.” As per a theory formulated by BTCparser, Satoshi has not disappeared but has metamorphosed into a “gigantic whale.” This theory posits that Nakamoto has covertly mined Bitcoin since 2010, evading unnecessary scrutiny by employing wallets unconnected to his initial persona.

The hypothesis suggests Satoshi secluded himself, gathering Bitcoin covertly, forming numerous wallets, each with 50 BTC. These wallets were instituted shortly after the inception of Bitcoin in 2009 and have languished dormant until lately. The author stresses that this method enables Satoshi to keep his privacy intact while progressively “stirring” his assets over a period.

Research suggests that since 2019, roughly 24,000 BTC have been extracted from these wallets. On November 15, 2024, the latest activity unlocked 2,000 BTC into 40 wallets, approximating $176 million in worth. The hypothesis provokes compelling curiosity regarding Satoshi’s persona and motives, implying that significant platforms like Coinbase could disclose the identity of this colossal speculator.

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