GM! Spotted a New Theory by BTCparser.com!
The search for Satoshi Nakamoto has captivated the crypto community for over a decade. Speculation has swirled around figures like Dorian Nakamoto, Adam Back, Hal Finney, and even a few self-proclaimed Satoshis.
Researchers often rely on technical skills or linguistic clues to propose candidates. Yet, despite these efforts, Bitcoin’s elusive creator remains a mystery.As a blockchain researcher, I’d like to propose an alternative theory—one grounded in the very thing that makes Bitcoin special: its blockchain. My theory follows the money rather than personalities, and it leads me to suspect that the enigmatic 2010 megawhale might actually be Satoshi Nakamoto himself (or a member of the Satoshi entity).
A Theory Rooted in Transactions 🧩
Why hasn’t Satoshi touched his 2009-mined wallets? The prevailing theories are that he’s lost access, passed away, or simply abandoned them. But what if the answer is far simpler? What if Satoshi doesn’t need those Bitcoins because he has plenty of others—mined anonymously in 2010?
This would allow him to live a high-standard, influential life while keeping his identity concealed.Here’s my hypothesis: after vanishing from public view, Satoshi resumed mining under a different identity in 2010, accumulating thousands of Bitcoins. As prices rose, he began selling this stash—steadily, strategically, and anonymously.
The 2010 Megawhale: A Familiar Pattern
Since 2019, I’ve tracked a recurring pattern of wallet awakenings involving the same 2010-minted wallets. These wallets exhibit the following behavior:
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Mined in 2010: The coins were created shortly after Bitcoin’s inception, but after Satoshi’s known activity in 2009.
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No Prior Activity: These wallets hold exactly 50 Bitcoins and have zero outgoing transactions before the awakening.
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Consolidation and Distribution: The funds are first pooled into a single P2SH address (typically used as an escrow). From there, they are divided into equal segments and sent to multiple bech32 addresses.
To date, this entity has awakened 24,000 Bitcoins through these periodic movements. The first awakening occurred in November 2019, and the latest, on November 15, 2024, saw 40 wallets—totaling 2,000 Bitcoins—come to life, valued at approximately $176 million.I gathered all those awakening transactions, selected the destination addresses, and combined them into a single transaction for your convenience. No need to search on your own—here’s the Transaction ID: 24f1c486b2f2abd1b9c28d02d8e637279ff43cb8d81f23a412a506093679c086.
Why Leave 2009 Wallets Untouched?
Here’s the crux of my theory: if Satoshi has access to a treasure trove of 2010-minted coins, there’s no need to touch the original 2009 wallets. Using these later coins avoids drawing attention to the original stash, preserving anonymity and reducing the risk of revealing Satoshi’s identity. The awakening history supports this idea:
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November 2019: Around $5 million worth of Bitcoin sold.
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March 2020: $6-8 million liquidated.
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October 2020: Sales reach $11-13 million.
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November 2024: A whopping $176 million liquidated.The increasing sales volumes align with Bitcoin’s rising value, suggesting that this whale has been cashing out strategically.
A Theory, Not a Conclusion
Of course, this is just my theory as a blockchain researcher. It offers a plausible explanation for why Satoshi’s 2009 wallets remain dormant while 2010 wallets are being used. If true, it paints a picture of a creator who planned meticulously to ensure their privacy. Coinbase, where these awakened coins are deposited, likely knows more about the entity behind these transactions—unless the whale is operating through intermediaries.
Whether or not this mega-whale is Satoshi, it’s a fascinating example of HODLing and serves as a reminder that millions of Bitcoins may still be waiting for the right moment to re-enter the market. This is, at the very least, food for thought for those of us intrigued by blockchain’s mysteries.
List of spotted awakenings:
01. 24 Nov 2019 05:52:18 UTC
3befd9c401fa4c51692d5534af61b780e42c502393714c387433ca7c161d009c
32C5hbEf9gbJBqzY6g7fmgA2GNo5S5wrji
02. 11 Mar 2020 00:19:02 UTC
54aa0aa03fd0dc5f4a6e2c61fc6267e3ae82c36d122d36e0bd6cb1022a154a01
3CU4AYJH23ePNnKsycinP5TSogCNGsyqCc
03. 11 Oct 2020 05:38:02 UTC
30aac0c2fd89bce5299344d2f1d8ed2aea5ebe03b662c96fc2d7b70515f238e6
35DRQxCBMBe3Erbcue791t89JVB2VwsJi4
04. 07 Nov 2020 05:37:50 UTC
93a7bb7275bf1452d06b5ca5c4d5e783141d5a8364da75e71e44c9cbb28d37e7
3QCGV3YWXMEsuJjW2oYVZEPi9f8vXMSqKc
05. 08 Nov 2020 08:04:06 UTC
d4fc3460736b0426bdb5eb5eee2925922105ed7236c1470e1fd4b641e8dacf63
3F7gQ3XQaoFpnsaEFfhmzrkytFAHuazzxT
06. 27 Dec 2020 08:21:11 UTC
9db6806babf807c31de043f39a1879ac03ab0be43debe8c185316d7d6946966d
328ijbybXE6qKrJBMd6t56tpnXdyR4oCPU
07. 03 Jan 2021 07:56:12 UTC
cd36ab430bef09d3fde061fe29158699d2f9ef16125f4c567450ff01785ae0eb
35grPirpupARHK5g2hzMmUVVp3DGcHVBze
08. 10 Jan 2021 06:22:31 UTC
da914b27e820f5b820e6d3388fbc2df5d3db93293161df051e7c41ab6fb6c82e
3FwhdXzBcRaAGostCwKC1o5uxWamsUG9F8
09. 25 Jan 2021 05:18:16 UTC
0c6e6ec0e4ee41e1cb18608f75ce1ef55a23a0a57bca60b9482aacc9de8ed1be
36Yf5zAfGLvY1mB1XpwsZ1thjX3fkTubL4
10. 28 Feb 2021 01:05:45 UTC
98341286b50cd28530ea06598cfe01b52805d67e15e233d4dbe98dc124ef6dd3
33vm9hPxtNBRtEDHZnNt8tuv3fuyoBWeZP
11. 23 Mar 2021 05:22:03 UTC
6044188254c4ed3141b0526f30a7b253520f5aaa417b4fc108524061e5dd53d7
35tBSzVxPA2rouJbPQMFfidgTAZ6Aeyzn4
12. 08 Jun 2021 23:41:43 UTC
3f84c34531e2246fdba45bf7279900375d47bac99b3ba10b6d3b5d32a3cce393
3QArhYy2WwbZbDmHEH21znRBjeWTV6wqGE
13. 10 Nov 2021 06:32:13 UTC
800e32b8e9d144d61505d0493d4627a750ee65aef21b3a8f1a04aa1c4e719232
3PLi4D8oCho5gHbKk4Ukj6BVRgNwGpmu3h
14. 12 Nov 2021 00:47:16 UTC
b4ace730be56d854506f7fe2e90abff07c8051ef18dfe59e6404962481e52ed7
3BxP5gioLwCZXpWsRinZ1JXA5AAicBWrZD
15. 04 Dec 2023 23:19:34 UTC
3fdffbf88b67f65fe0d8109c7cb187847ad98c13f0be02147407b00e4b6ec5ec
35BRV3y2tEJNCHbmVtAe3kXNckYgu8X7av
16. 01 Mar 2024 06:39:15 UTC
57029b1d8fdea8e4fec72fdd78f89b6d0630cadcc8c03de07e3736aff28ecc5a
3BhsGsad8FB5z1iTvwarvQUooYw49AkbHm
17. 05 Mar 2024 06:49:49 UTC
9f69e4b5f7d9330135178f2c6c1c9fbf18dd0803bad346dbe20cd7f451ed4355
36i1W22jLn2KK1GJcJirEiQHn4cQHv76JR
18. 26 Mar 2024 21:29:28 UTC
b6539dbafcc644a37d320ba572a593dbce7184d8d50ac03b67b9ab96802c5ed0
34WQ7JNHK9gD7JC3a8CqU6N7maDBwZiCHm
19. 22 May 2024 19:29:04 UTC
fe6b7bf8fb618e33c56b80bc35dc3a0ca282f78b72fe707acc521b5ee0ebc702
37LW81F5JbpHDP2fizzwArhxQwmJv3gxcf
20. 15 Nov 2024 00:45:35 UTC
983311045cf0bbf09b9469ed9699585194285494d048a96058e9dd444b33b7ae
3AE11p9YsakbU2YibmrpaZuY5JaFBd6Pu2
Present theory as NFT on Solana
Update from 2024 Nov 19
Thank you all for the unexpected attention to my token! Honestly, I never intended for it to be traded seriously - it was meant as a lighthearted meme to represent the theory I came up with, like a "copyright proof" on the blockchain.Let me be clear: I’m not here to scream about RST going to the moon, nor am I planning to open a dedicated Telegram channel to shill it.
There’s no market-making, no marketing, and no strategies to pump the price that I control or am involved with. Some experienced players spotted my token and pumped it unexpectedly, which genuinely surprised and delighted me, for which I’m grateful.I’m a blockchain researcher, and my true mission is spreading awareness about my findings.
I hope that some of you reading this will take a moment to explore the token description and the theory behind it. Perhaps you'll even discover my blockchain parsers - BTCparser.com - which are live since 2019!This is a meme coin—it doesn’t have any utility, nor is it a donation to the developer of BTCparser or anything of that sort. I see it more as a playful way to advertise a theory I’ve proposed about why Satoshi isn’t moving his Bitcoins from 2009.
Personally, I don’t want to believe that such a brilliant programmer is no longer with us. Instead, I choose to believe that he’s smart enough to lead a wealthy, fulfilling life without encountering issues with governmental authorities. In my vision, he’s the successful whale whose movements I follow closely.Some people, who purchased this memecoin asked me to create a Twitter account and a Telegram channel for it, so I did!