After the so-called father of Bitcoin, Satoshi Nakamoto, created the world’s first cryptocurrency, bitcoin worth $21 million today was moved to an inactive account.
Now the blockchain trackers at Whale Alert have observed activity in the account again. In the years 2011 and 2012, the shady bitcoin wallet seemed to spend several mining cryptos but has not been active since then.
Bitcoin provided a massive return on investment over the past ten years. For instance, initially, a single Bitcoin was worth nearly $5. Now, each one costs around $33,000.
According to a publication FXStreet, during the initial period of cryptocurrency, many of the accounts actually belonged to Satoshi Nakamoto and were opened simultaneously as this mysterious account. It anticipated Nakamoto’s wealth of nearly 1.1 million Bitcoin, worth over $37 billion in total.
For over a decade, the true identity of cryptocurrency inventor was never truly discovered; however, Satoshi Nakamoto is the pseudonym used by the mysterious creator of Bitcoin.
Can we anticipate that Satoshi Nakamoto is the person behind this mysterious account? However, we might not actually figure that out due to the anonymity kept alive by the crypto technology, especially for more sensitive users.
It is not the first time that Bitcoin this ancient unexpectedly go into an unusual account; such transactions have been observed in the past involving “Satoshi era” Bitcoin back in October and November.
We still have no clue who is the real culprit behind these transfers. Is there a Bitcoin fat cat we don’t know about yet? Is there a new agenda we all must prepare for? Well, there’s a chance that we might never solve this mystery.