Did Satoshi Just Move His Coins for the First Time in 11 Years?

Posted by Andrey Shevchenko

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Bitcoin’s founder, Satoshi Nakamoto, may have just moved his coins as an 11-year-old address moved the entirety of its funds to an untraceable chain.

A Bitcoin (BTC) address that collected 50 BTC from a mining reward has just shown the first sign of activity since February 2009 — just one month after the creation of Bitcoin.

According to data from Blockchair.com, the address 17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh has moved the entirety of its 50 BTC mining reward to two different wallets.

Of this, 40 BTC is laying inactive on what appears to be a change address. The remaining 10 BTC has been sent to a multisig address, as evidenced by its starting number.

The chain of transactions becomes more difficult to track from here, as the BTC was split into almost dozens of pieces across a complex chain of outputs…CLICK for complete article