Author: Brayden Lindrea, CoinTelegraph; Compiled by: Wu Baht, Golden Finance

Researchers have proposed a new theory about Satoshi Nakamoto - the Bitcoin creator has never slept and has never been dormant. It has been strategically cashing out early Bitcoin wallets ever since.

In an article on November 19, Bitcoin research company BTCparser stated that a batch of Bitcoin wallet addresses were created in 2010, each holding 50 Bitcoins, until November 2019. The first "awakening" of the moon (which they call the "2010 whale") was transferred.

BTCparser’s theory suggests that Satoshi Nakamoto owned these wallets and had been slowly selling the Bitcoins in them, while deliberately leaving the 2009 wallet aside to avoid attracting attention.

BTCparser said in a post on November 19: "This makes me suspect that the mysterious whale of 2010 may actually be Satoshi Nakamoto." However, BTCparser added that this is still a "Theories, not conclusions."

Source: Vladimir S

BTCparser stated that if Satoshi Nakamoto was the mastermind behind these wallets in 2010 , then "this portrays a creator who carefully planned to ensure his privacy."

“If Satoshi Nakamoto had access to the trove of Bitcoins minted in 2010, then there would be no need to touch the original 2009 wallet of the year. Using these later Bitcoins avoids drawing attention to the original stash, thereby maintaining anonymity and reducing the risk of exposing Satoshi Nakamoto's identity."

The funds were centralized. into a P2SH address, typically used as escrow, and then sent to multiple bech32 addresses - a type of address that offers low transaction fees and efficient use of block space.

These addresses first sold $5 million worth of Bitcoin in November 2019, with $6 million to $8 million sold in March and $11 million to $13 million in October 2020. of the second and third transactions.

The fourth sale was a $176 million liquidation 10 days ago on November 15.

“The growing sales are consistent with Bitcoin’s rising value, indicating that the whale has been strategically cashing out.”

Unless the whale is operating through an intermediary, BTCparser said , or the cryptocurrency exchange Coinbase, where these Bitcoins are stored, may have better knowledge of the individuals or entities behind these transactions.

In October, a controversial HBO documentary claimed that Bitcoin cypherpunk Peter ToddBitcoin was invented.

Todd disputes that conclusion, and most industry experts say HBO's evidence is rather weak.

The names of Nick Szabo, Adam Back, and Hal Finney have all been linked to the identity of Satoshi Nakamoto.

Szabo and Back frequently disputed claims that they were Satoshi Nakamoto, as did Finney before his death in 2013.