Satoshi Nakamoto published the Bitcoin white paper on Halloween Day in 2008. (Jonathan Borba/Unsplash, modified by CoinDesk)

Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations

Summary

An unidentified wallet sent 27 BTC, worth $1.17 million, to Satoshi Nakamoto's original Bitcoin address, which now holds nearly 100 BTC. Speculation arose about the transaction's purpose, with theories including a marketing stunt for a Bitcoin ETF or an attempt to reveal Nakamoto's identity using new U.S. tax rules. The sending address had no history before the transaction and later interacted with a wallet linked to the brokerage platform Robinhood. Nakamoto's estimated total BTC holdings are 1.1 million, valued at almost $50 billion. BTC's recent trading value is around $45,000.