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

American Engineer Drugged, Robbed in Sophisticated London Crypto Heist

An American software engineer lost approximately $123,000 in cryptocurrency after being drugged and robbed in London.The victim was targeted by an impersonator posing as...

Max Keiser Doubts New Bitcoin Treasuries’ Discipline in Bear Market

Bitcoin-focused companies are increasingly copying the treasury strategy used by Michael Saylor's Strategy.Max Keiser raised doubts about whether these newer companies can maintain commitment...

South Korea Election Puts Crypto Policy at Center of Debate

Nearly one-third of South Koreans hold digital assets, making crypto a vital issue in the upcoming presidential election.Both major parties support crypto exchange-traded funds...

Scottsdale Residents Lose $6M to Crypto Scams; Police Respond

Scottsdale residents have reported losing over $6 million to cryptocurrency Scams in 2024.Authorities say actual losses could be higher, as not all cases are...

Ethereum Bullish Patterns Signal Altseason, 55% Rally Possible

Ethereum is showing two bullish chart patterns against Bitcoin, indicating a possible 30–55% price increase. Crypto analysts say an ETH/BTC rally could spark a broad...

Must Read

Sushiswap vs Uniswap, What are the differences between these dex?

It's no secret that the world of decentralized exchanges has exploded in recent years. Many of you are probably wondering what the difference is...