The Satoshi Wallets Are Moving: What 80,000 BTC in Motion Means
I've been monitoring a situation that's becoming impossible to ignore, even for the most skeptical observers in the crypto space. Approximately 80,000 BTC from Satoshi-era wallets are now actively moving to exchanges. This isn't speculation or rumor – it's happening on the blockchain for anyone to verify.
What makes this particularly interesting is how precisely these movements align with warnings issued years ago. Back in 2018-2019, Craig Wright published what he called "legal notices" stating that "we are going to be selling massive amounts of BTC" and implementing "10x shorts" on exchanges. At the time, most of the crypto community dismissed these as empty threats or the ravings of someone falsely claiming to be Satoshi Nakamoto.
Fast forward to today, and we're seeing exactly what was described. These aren't just any wallets – they're definitively from the Satoshi era, and they're moving substantial amounts of BTC while notably leaving BSV untouched. The coins appear to be consolidating on a single exchange, preparing for what could be a significant market event.
I'm not typically concerned with price movements, but the potential market impact here is worth understanding. We're potentially looking at $10 billion worth of BTC hitting the market with 10x leverage shorts simultaneously. The liquidity implications are enormous, especially considering this appears targeted at a single exchange.
The timing aligns with something called the "Solomon Brothers notice" that was reportedly posted to one of the early wallets, suggesting an October 1st date for taking possession of these assets. While OP_RETURN messages can theoretically be added by anyone, the actual movement of coins requires private keys – providing legitimacy to these actions.
There's also technical concern about potential vulnerabilities in SegWit addresses that these movements might exploit. I'm not technical enough to explain the details (I'm planning to discuss this with Kurt Walker Jr. who understands the mining implications), but it appears there could be systemic risks beyond just price impact.
What fascinates me most is connecting these developments to Craig Wright's recent social media behavior. His posts about "boulders rolling downhill" seem oddly specific and potentially meaningful when viewed through the lens of coded communications. This pattern of posting has precedent in other contexts analyzed by researchers like Alex Savel, who has done extensive work on steganography and coded messages.
I'm not claiming to know exactly what's happening or how it will unfold, but the evidence suggests we're witnessing a coordinated plan years in the making. My purpose isn't to create panic but to ensure people are aware and prepared. If you hold BTC, the standard advice applies more than ever: only risk what you can afford to lose.
The coming weeks could be extremely significant for the entire cryptocurrency ecosystem. Whether this leads to a market crash or simply redistributes power within the Bitcoin community remains to be seen, but ignoring these signals would be unwise.
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