Days after the 15th anniversary of Satoshi Nakamoto’s mining of Bitcoin’s genesis block, the Satoshi wallet received 27 Bitcoins worth more than $1 million.
Satoshi Nakamoto, the anonymous person or group of people who developed Bitcoin, appears to be back just days after the cryptocurrency community celebrated the 15th anniversary of his mining of Bitcoin's genesis block. Someone just transferred 27 BTC to Satoshi Nakamoto’s wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
Satoshi Nakamoto becomes active
A historical transaction was performed on January 6 where someone purchased 27 BTC from cryptocurrency exchange Binance and sent it to Satoshi Nakamoto’s wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
The news spread quickly in the crypto community, with most people anticipating the return of Satoshi Nakamoto, the father of Bitcoin. Some are speculating whether this is actually Satoshi Nakamoto or if someone just transferred 27 Bitcoins worth over $1 million, putting the adoption and growth of Bitcoin into the spotlight.
The deal coincides with a spot Bitcoin ETF issuer update on amendment 19b-4, which suggests a spot Bitcoin ETF could receive U.S. SEC approval next week. BlackRock, Grayscale, Fidelity, Ark 21Shares, Bitwise, VanEck, Valkyrie, Invesco Galaxy, Hashdex, WisdomTree, and Franklin Templeton are all vying for spot Bitcoin ETF approval.
Bloomberg ETF analyst James Seyffart noted that these applications do not guarantee approval, but represent significant progress in the process. Senior ETF analyst Eric Balchunas noted that the final S-1 is due on Monday and the SEC is expected to approve a spot Bitcoin ETF on January 11.
More information about exchanges and wallets
Satoshi Nakamoto mined the genesis Bitcoin block on January 3, 2009, with 50 BTC added to the wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
The latest transaction in block 824513 executed today is the second largest transaction in terms of amount, adding 26.91 BTC to the wallet from bc1 q9z82prqdknpv4ku3haargeu7c0h67yrpree6 v2. Satoshi Nakamoto’s wallet currently holds 99.67 BTC, worth over $4.3 million.