Coinbase Executive Claims Kraken May Hold Key to Satoshi Nakamoto’s Identity

Kraken May Hold Clues to Satoshi's Identity as Bitcoin Creator's Holdings Reach $100 Billion

  • A Coinbase executive suggests Kraken may possess information about Satoshi Nakamoto’s identity through acquired Canadian exchange CaVirtEx data.
  • Recent blockchain analysis reveals Satoshi-linked wallets contain over 1 million Bitcoin, valued at approximately $100 billion at current prices.
  • Last documented on-chain activity from Satoshi-controlled wallets occurred in 2014, years after their final known communication in 2011.
  • Arkham Intelligence has identified 22,000 additional addresses linked to Satoshi through the “Patoshi Pattern,” containing 1,096,354 bitcoin.
  • The heightened interest in Satoshi’s identity coincides with Bitcoin’s price surge and potential political implications from Trump’s crypto stance.

Fresh evidence suggesting Satoshi Nakamoto’s true identity might be known by cryptocurrency exchange Kraken has emerged, as blockchain analytics reveal the mysterious Bitcoin creator’s holdings now exceed $100 billion in value. The revelation comes amid renewed interest in Bitcoin’s origin story, sparked by its recent price surge and political developments.

- Advertisement -

Coinbase director Conor Grogan has identified transaction patterns linking Satoshi-controlled wallets to CaVirtEx, a Canadian cryptocurrency exchange acquired by Kraken in 2016. “I believe this is the first documented onchain between a Satoshi-linked wallet and a CEX,” Grogan stated.

Blockchain intelligence firm Arkham Intelligence has expanded their analysis of Satoshi-linked addresses, discovering an additional 22,000 wallets containing 1,096,354 bitcoin. These addresses were identified using the “Patoshi Pattern” – a distinctive mining signature associated with Bitcoin’s earliest days.

The timeline of Satoshi’s activities shows their last known communication occurred in 2011, when they messaged developer Mike Hearn stating they had “moved on to other things.” However, on-chain analysis suggests wallet activity continued until 2014.

In response to speculation about possessing Satoshi’s identity information, Kraken has maintained the crypto community’s traditional stance of “We are all Satoshi” – a philosophical position emphasizing the irrelevance of the creator’s identity to Bitcoin’s decentralized nature.

The investigation into Satoshi’s identity has gained renewed significance as Bitcoin’s market capitalization approaches $2 trillion, and political figures like Donald Trump position themselves as crypto-friendly presidential candidates, potentially influencing future regulatory frameworks and market dynamics.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

AI Revolution: Emotional Agents Could Solve Web3 User Experience Crisis

AI agents with emotional capabilities could make Web3 tools more accessible by providing personalized guidance to new users.The steep learning curve of Web3 applications...

Must Read

What Are Anonymous Debit Cards And How Do They Work?

You've heard about anonymous debit cards, but what are they really? Anonymous Debit Cards are cards that let you make purchases without revealing your...