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 News

Solo Bitcoin Miner Strikes Block, Earns $373K Amid Rising Difficulty

A solo Bitcoin miner earned $372,773 by mining block 907283 on Saturday.The block contained...

Coinbase Base App Rebrand Sparks Zora Token and SocialFi Surge

Coinbase rebranded its Wallet to the Base App on July 16, sparking a surge...

Solana Holds $177 Support as ETF Delays Weigh, Eyes $205 Rebound

Solana (SOL) saw its price fall by 3.2% this week after a strong rise...

Astronomer Turns Viral CEO Kiss Cam Scandal Into Data-Driven Win

Astronomer, a data infrastructure company, faced a viral public incident involving its CEO and...

Japan’s Crypto Bottleneck: Regulation, Not Taxes, Drives Talent Out

Regulatory approval delays are causing crypto startups to leave Japan.A proposed 20% flat tax...

Must Read

8 Best Crypto Debit Cards For Spending Your Digital Tokens

What are | How we chose | Best crypto debit cards | Binance Card? | FAQ | Final WordsCrypto debit cards have transformed how...