Bitcoin

WHALE

Arkham

A one-decade Bitcoin whale that mined BTC in the Bitcoin network’s first month of existence has moved more assets to the cryptocurrency exchange Kraken. The whale, which held $73.4 M Bitcoin, transferred $ 634k worth of BTC to Kraken as a second transaction in about 10 years.&nbsp; 
In an X post, <a href="https://x.com/ArkhamIntel/status/1843318820309487798" rel="nofollow" target="_blank">Arkham Intel </a>shared that the whale transferred a more significant amount compared to the first move over a month ago, in which the same account transferred about 5 BTC to Kraken. The account has now deposited a total of $4.21M to Kraken. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 ANCIENT BTC WHALE MOVES ANOTHER $600K TO KRAKEN 
 A long-dormant whale holding $73.4M Bitcoin who woke up 1 month ago moved another $634K BTC to Kraken this morning. 
 His BTC was mined ONE MONTH after Bitcoin’s genesis block. <a href="https://t.co/PtNqeX3vdK" rel="nofollow" target="_blank">pic.twitter.com/PtNqeX3vdK</a> 
 — Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1843318820309487798?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">October 7, 2024</a>
</blockquote> 
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&nbsp; 
<h3 id="span-style-font-weight-400-hbo-s-documentary-sparks-satoshi-speculation-span">HBO’s documentary sparks Satoshi speculation&nbsp;</h3> 
This development comes amid renewed speculation over the true identity of BTC’s pseudonymous creator, Satoshi Nakamoto. HBO plans to release the “Money Electric: The Bitcoin Mystery” documentary on Oct. 8, which the producers claim will reveal Nakamoto’s true identity 
Deceased American computer scientist Len Sassaman is the odds-on favourite to be named Nakamoto in the HBO documentary. Sassaman was a renowned cypherpunk who committed suicide in July. 3, 2011 — a little over two months after Nakamoto disclosed they had “moved on to other things.” 
A memorial of Sassaman was encoded into Block 138,725 of the BTC blockchain. 
It’s unclear exactly what connection Sassaman had with Bitcoin. Still, several 13-year-old X posts show Sassaman criticizing BTC for its lack of “privacy” features and “fraud reversal protection.” 
<figure id="attachment_597668" aria-describedby="caption-attachment-597668" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-597668 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/10/Decade-old-Bitcoin-Whale-transfers-600k-to-Kraken-in-a-second-move.jpeg" alt="Decade-old Bitcoin Whale transfers $600k to Kraken in a second move" width="750" height="859" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/10/Decade-old-Bitcoin-Whale-transfers-600k-to-Kraken-in-a-second-move.jpeg 750w, https://www.cryptopolitan.com/wp-content/uploads/2024/10/Decade-old-Bitcoin-Whale-transfers-600k-to-Kraken-in-a-second-move-262x300.jpeg 262w" sizes="(max-width: 750px) 100vw, 750px">
 <figcaption id="caption-attachment-597668" class="wp-caption-text">
 Bitcoin-related X posts shared from Sassaman’s X account in 2011. Source: Len Sassaman
 </figcaption>
</figure> 
In 2021, Sassaman’s late wife, Meredith Patterson, said that to the “best of my knowledge, Len was not Satoshi.” Bitcoin is currently trading at $63,593, a difference of +0.84% in the last 24 hours.&nbsp; 
Blockchain-based betting platform <a href="https://polymarket.com/event/who-will-hbo-doc-identify-as-satoshi/will-the-hbo-documentary-identify-len-sassaman-as-satoshi?tid=1728315106550" rel="nofollow noopener" target="_blank">Polymarket</a> shows that Sassaman is the leading candidate, though the implied probability that he is Satoshi has dropped on the site to 24% from as high as 68% on Oct. 3.

Decade old Bitcoin Whale transfers $600k to Kraken in a second move

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