Analysis of Bitcoin's blockchain has helped to deduce which addresses are likely Satoshi Nakamoto's to a relatively high degree of certainty. According to chain analysis from Sergio Demián Lerner, the chief scientist of RSK Labs, Satoshi has between 700,000 and 1 million Bitcoin. These addresses date all the way back to the beginning of Bitcoin in 2009. Over the years, Bitcoin from some very early addresses has been moved, leading many to speculate whether or not this was Satoshi each time, even though there were some other miners active. Thus far, this analysis has shown that each of these transactions has most likely not been from Satoshi addresses and that his Bitcoin is still dormant.
Most recently, on May 21st, 2020, a twitter account that monitors various blockchains and reports large transactions, called @whale_alert tweeted this:
"40 #BTC (391,055 USD) transferred from possible #Satoshi owned wallet (dormant since 2009) to unknown wallet.
The coins in this transaction were mined in the first month of Bitcoin's existence."
This immediately caused a ripple across Twitter. The @Bitcoin Twitter handle tweeted a poll asking if twitter users were bullish, neutral, or bearish on the news that this could have been Satoshi. At first, bearish had the lead. A day later, 34% of those who answered said it was bullish, 35.6% said it was neutral, and 30% said it was bearish. Even though indicators on the blockchain pointed to this being someone other than Satoshi, many twitter users seemed to assume that it was and began to fear if Satoshi was dumping his Bitcoin holdings. Fear and uncertainty seemed to fill up the comment section with some asking if they should sell and others saying that they would sell right away.