TechFlow reports that on November 25, according to Cointelegraph, bitcoin research firm BTCparser has proposed a new theory: Bitcoin founder Satoshi Nakamoto may never have truly disappeared, but instead began strategically liquidating Bitcoin wallets created in 2010 starting from 2019. Each of these wallets originally held 50 BTC and remained untouched until their first movement in November 2019.
BTCparser found the liquidation pattern shows consistent growth: the first sale occurred in November 2019 for $5 million worth of BTC, followed by sales of $6–8 million in March 2020 and $11–13 million in October 2020. The most recent transaction took place on November 15, 2024, when $176 million was moved. These funds were aggregated through P2SH addresses, then transferred into multiple bech32 addresses before ultimately flowing into Coinbase exchange.
Researchers suggest that if these 2010 wallets indeed belong to Satoshi Nakamoto, this strategic avoidance of the earlier 2009 wallets demonstrates a carefully planned effort by the creator to protect privacy.
