Satoshi Nakamoto Address Receives $181K Mysterious BTC Transfer

‍

Over the weekend, a Bitcoin holder sent 2.5 BTC, valued at approximately $181,000, to the "genesis address" – the very first wallet ever created on the Bitcoin network.

This historic address was mined by Satoshi Nakamoto in 2009, when the network first went live. While blockchain enthusiasts occasionally send small "tributes" to this address, a transfer of this size is rare. These addresses are widely considered unreachable, as the private keys for the genesis address are believed to be either lost or intentionally destroyed by the pseudonymous creator.

Satoshi Nakamoto is the biggest whale – any activity around his wallets is likely to cause a stir. The Arkham Intel Platform shows that Satoshi holds over 1.1 million BTC, currently valued at $76 billion. At the peak, Satoshi Nakamoto was valued at $135 billion dollars, firmly making the Bitcoin creator one of the richest people in the world. 

‍

‍

Tracking Satoshi

While the recent transfer to the genesis address is a symbolic gesture, tracking Satoshi’s total activity is complex. The primary issue is that Satoshi Nakamoto does not use a single wallet; the entity is associated with 22,000 different addresses. For a standard trader, setting up individual alerts for every single one of these addresses would be overly complex.

Arkham solves this problem through de-anonymization and entity grouping. Instead of tracking 22,000 addresses, Arkham users can track the "Satoshi Nakamoto" entity as a pre-built single unit.

Why Traders Set Satoshi Nakamoto Alerts

Getting real-time alerts is a key way traders give themselves a competitive edge. Alerts are a vital tool because they allow traders to act upon market-moving events rapidly.

• Market Impact: If any of Satoshi’s 22,000 addresses were to move funds, it would likely signal a massive market event.
• Rapid Response: Being alerted immediately allows a trader to get ahead of the market and manage their assets before a potential sell-off.

Traders can set alerts on hundreds of different crypto-holding entities including Strategy, BlackRock, Fidelity, and the U.S. Government.

How To Track This Activity on Arkham

To stay informed on whale movements like these, you can create a custom alert in seconds:

1. Navigate to the Arkham Intel Platform.
2. In the navigation bar, click Custom and then select Alerts from the dropdown.
3. Click Create Alert.
4. In the "Whose Transfers Do You Want To See?" field, simply type "Satoshi Nakamoto" to track the entire entity rather than individual addresses.
5. Select your preferred delivery method, such as Telegram, Email, or Browser Notification.

‍