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Bitcoin worth $1.2 million sent to Satoshi Nakamoto's Genesis wallet

EditorRachael Rajan
Published 08/01/2024, 17:34
© Reuters.
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An anonymous entity has transferred approximately $1.2 million in Bitcoin to the Genesis wallet, which is historically associated with the cryptocurrency's creator, Satoshi Nakamoto. This transaction, involving 26.9 BTC, has led to a flurry of speculation among crypto enthusiasts.

The Genesis wallet, which has been dormant since Nakamoto's last known activity in December 2010, now holds a total of 99.67 BTC. The transfer, which occurred on January 5th, has been interpreted by some in the cryptocurrency community as either a tribute to Nakamoto or an attempt to provoke a response from the mysterious figure.

This event has not only stirred conversations online but has also drawn attention to the activity of historical Bitcoin wallets. The identity of the sender remains unknown, and there has been no activity from the wallet to suggest a response from Nakamoto. The cryptocurrency community continues to watch closely for any movements or signs that could shed light on the intentions behind this transfer.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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