Satoshi Nakamoto’s Identity Unveiled? New Bitcoin Theory Suggests 2010 Whale Could Be the Creator

As bitcoin‘s value edges closer to the $105,000 mark, the focus of the cryptocurrency community has once again turned to its enigmatic creator. A fresh theory concerning the potential identity of Satoshi Nakamoto has surfaced, stirring intrigue among enthusiasts and experts alike. This speculation, brought forward by a blockchain researcher, offers a novel perspective that has piqued significant interest in the crypto world.

The mystery surrounding Satoshi Nakamoto has been a topic of intense speculation since the inception of Bitcoin. Despite numerous claims and theories, the true identity of Bitcoin’s creator remains a mystery. Recently, an HBO documentary suggested that Peter Todd could be Nakamoto, but the theory did not gain much traction. Now, a new hypothesis has emerged, prompting renewed discussions and debates.

Vladimir S, a prominent figure in blockchain research, has caused a stir with his assertion that the mysterious ‘2010 whale’ could indeed be Satoshi Nakamoto. This theory is based on a thorough analysis of Bitcoin wallet activity post-2010, suggesting that Nakamoto might be operating under the guise of this whale to remain incognito.

According to the BTCparser theory, it is posited that Satoshi has been utilizing his 2010 Bitcoin wallets while keeping his older, 2009 wallets inactive. By doing so, he effectively distances himself from direct scrutiny. Despite this, the theory claims he remains actively engaged with the cryptocurrency sphere, amassing a significant fortune with the current Bitcoin price nearing $105,000. This wealth could have been reinvested into Bitcoin’s development, facilitating advancements while allowing Nakamoto to live a life of opulence under the radar.

The argument supporting this theory rests on three main observations regarding the 2010 whale. Firstly, all holdings associated with this entity were mined soon after Bitcoin’s launch and notably began to emerge after Nakamoto’s disappearance from public forums. Secondly, the whale had no significant trading history prior to 2010 and holds precisely 50 btc in each of the active wallets, a pattern reminiscent of early Bitcoin mining rewards.

The data also reveals that over the past few years, this entity has reactivated approximately 26,000 BTC from dormancy. The first major activity arose in late 2019, and the latest movements were recorded in November 2024, with a substantial transfer of 2,050 BTC, valued at approximately $180 billion, directed to Coinbase. Notably, these funds were consolidated into a P2SH address, a common practice for transactions requiring multiple verification processes, often used for escrow purposes. Subsequently, the funds were subdivided into several equal portions before being distributed to multiple bech32 addresses.

Despite the intrigue surrounding Vladimir’s hypothesis, it remains speculative. The theory has not been embraced as definitive proof due to the lack of conclusive evidence directly linking the 2010 whale to Nakamoto. The blockchain researcher himself acknowledges this uncertainty, emphasizing that his proposition is merely a theory rather than a definitive assertion.

Nonetheless, the investigation into the possible connections between the 2010 whale and Nakamoto opens new avenues for exploration within the cryptocurrency community. It encourages enthusiasts and researchers to extend their focus beyond the dormant 2009 wallets traditionally associated with Nakamoto, examining the activities of high-profile 2010 wallets that might offer further insights into the elusive creator’s identity.

As discussions continue, this theory adds another layer to the ongoing enigma that is Satoshi Nakamoto. It keeps the community engaged and speculative, as the search for Bitcoin’s creator remains one of the most captivating mysteries in the digital currency’s history. The truth behind these theories might take years to unravel, if ever, but they undoubtedly enrich the narrative of Bitcoin’s legacy.