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🔍 40 Bitcoin moved for first time since 2009 – Is it Satoshi Nakamoto? by resiliencia

View this thread on: hive.blogpeakd.comecency.com
· @resiliencia · (edited)
$5.97
🔍 40 Bitcoin moved for first time since 2009 – Is it Satoshi Nakamoto?
Hello!

Yesterday a famous twitter account that tracks blockchain whale transactions ([@whale_alert](https://twitter.com/whale_alert))
tweeted that 40 BTC (391,055 USD) where transferred from a wallet that mined the coins at the first month of Bitcoin existence and hasn't moved the funds until yesterday.

This tweet went viral rapidly and all the blockchain space was filled with rumors about Satoshi moving the funds. Some blockchain media also started publishing articles about that.

![satoshi.jpg](https://files.peakd.com/file/peakd-hive/resiliencia/pGaJjvwZ-satoshi.jpg)

[Source](https://www.iproup.com/innovacion/8915-seguridad-nacional-wright-edward-snowden-El-origen-del-Bitcoin-y-las-monedas-virtuales-quien-es-Satoshi-Nakamoto)

You can see the transaction at [blockstream.info](https://blockstream.info/tx/cb1440c787d8a46977886405a34da89939e1b04907f567bf182ef27ce53a8d71). One thing is clear, the blockchain doesn't lie, and this wallet was active in the early days of Bitcoin existence. There is a small possibility that this wallet belongs to Satoshi Nakamoto, but if it is not from him, it is from an early supporter of Bitcoin. It is even possible that it could belong to some of their partners. 

This transfer affected the Bitcoin price that saw an instant drop from the 9,800$ resistance to the 9,500$ level, and now is trading for 9,100$ approximately. It seems that people fears that somebody could dump the price.

![whale.JPG](https://files.peakd.com/file/peakd-hive/resiliencia/tnyejqtg-whale.JPG)

This has been one of the things that concerned me a little bit about Bitcoin. This wallets holding large amounts of Bitcoins that were mined early, can have a really high influence on the price. Most of them had been sleeping for 11 years, but they can wake up someday and dump the BTC price.

In the long run it will not effect the evolution of this new asset class but can generate a lot of FUD, specially now that we were fighting the 10,000$ resistance level.

Enjoy! 😊

![hive hive.jpg](https://files.peakd.com/file/peakd-hive/resiliencia/OSBkIoh3-hive20hive.jpg)

I invite readers to comment on the post, as engagement MAY get rewarded due to the ([Challenge Link](https://peakd.com/posh/@anomadsoul/be-posh-engage-and-help-hive-thrive-or-a-challenge-sponsored-by-blocktrades-theycallmedan-threespeak-and-ocdb) **Sponsored by:** @blocktrades @threespeak @theycallmedan and @ocd-witness.
Please consider voting them as witnesses.

I leave a link to my Twitter Post to show #ProofOfShare - [#posh](https://twitter.com/ResilienciaHODL/status/1263490223096434696?s=20)
https://twitter.com/ResilienciaHODL/status/1263490223096434696?s=20

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@hodlcommunity ·
$0.04
Upvoted (even if this is a bad news as it caused the drop) 😃.

You should check this post by @idiotsyncratic1 about the same topic : https://peakd.com/hive-126009/@idiosyncratic1/what-we-don-t-need-is-satoshi-himself

Sincerely,

@hodlcommunity
👍  
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@resiliencia ·
It is a really good post! 
I agree with the author, we don't need to know who is Satoshi. We are really hapy for the invention he/she/they created but we don't want them to dump the coins. 

With perspective, if the early mined coins are dumped it will help to spread the coins into more wallets in the long term. 

Thanks! 
👍  ,
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@lanzjoseg ·
$0.02
@tipu curate
👍  
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@resiliencia ·
Thank you! 😊
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@tipu ·
<a href="https://tipu.online/hive_curator?lanzjoseg" target="_blank">Upvoted  &#128076;</a> (Mana: 0/2)
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@tj4real ·
$0.02
The big movers making deals
👍  
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@resiliencia ·
Yes, they can still do whatever they want with the price... Distribution over time will help. 
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