It's from the knowledge of everyone who live in the Bitcoin world that many assets from the Satoshi Nakamoto Era still locked or lost, with many of the oldest accounts without any movement from decades, which cogitate that owners of this millionaire wallets have lost access to them, destroyed their mining equipment and lost Hard drives with plenty of fortune on them or just died in the process.
Well not everyone is on that situation mentioned above, and could be waiting to take out their profits after 10 years of holding the Bitcoins.
A recent move have been flagged by a well known trader called Kirill K. and published on his Linkedin thread where he detailed the wallet movement of 1,000 Bitcoins worth more than $11 millions ten years after the Bitcoins were mined. In his thread Kirill says that the fortune moved for the first time were split in 81 new cryptocurrency wallets in different values of bitcoins.
Surely the owner of the wallet doesn't want to compromise his millionaire wallet doing that split and having that amount in different storage unit can facilitate the exchange and also gives him more security.
This isn't the first time Satoshi-era Bitcoins have been moved, back in March of 2020 the same amount of 1,000 BTC were moved and accordingly with the Kirill K. linkedin thread this new movement can be linked to the first one.
Also Nakamoto, the founder and father of Bitcoin have a wallet full of Bitcoins and since he disappeared have been intact which if he returns and decide to sell-off his wealth surely can cause a huge collapse on the market, he own Billions in Bitcoins.
Surely more wallets have those 10 years old bitcoins but they keep inactive and are monitored by tools such as whale-alert on Twitter to control movements of big fortunes that are laying down, which if enter the market can be a little bit big problem to all cryptocurrency market and the price of the asset can react negatively to that entrance.
The recent move of those millions in Bitcoin can be seen analyzed from here to this cryptographic wallet occured in Oct.11, 2020.
Isn't clear and won't be neither easy to track the owner of the wallet but it's clear that the investor or miner who owns that amount is organizing his vault and is preparing to sell them and Hodl the rest, well the man have more than $11 millions in his possession and looking for other angle he isn't a person in need to sell them off, and looking to the chronological time can be assumed that he aware of that amount for years, and if is related to the first move (March of 2020) this may not be his last coins.
I still hope to see the ones belonging to Satoshi Nakamoto being moved and maybe with that the world can have the pleasure to meet the man who invented the most important thing in the 21 century and marginalized the whole monetary system, Bitcoin is freedom and Bitcoin wallet your Bank.
After Bitcoin being on market for more than 10 years now the concept Nakamoto brought to life have made many wealth people around the world, many infrastructure were built to support all the ecosystem surrounding the cryptocurrency market, companies have merged to gain access to this world not only positive things come along with criminals also taking their share of the market which somehow is good as the companies involved in crypto must always enhance their security to fight against steal of assets. Bitcoin is the future of money and blockchain the future of Industry.
Who still doubt that?!
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Take care.
Nice