22,000 addresses believed to have belonged to Bitcoin’s elusive creator, Satoshi Nakamoto, have just been added to Arkham. The latest additions bring his estimated on-chain balance to 1.096M BTC, or just over $106B. These addresses were identified using a clustering pattern known as the Patoshi Pattern, which infers the identities of miners on the blockchain via a privacy flaw in the early Bitcoin clients.
From the outbound transactions tied to these addresses, a popular recipient of his transfers was 1PYYj, which in 2014, received a small sum of Bitcoin from CaVirtEx, a Canadian crypto exchange which was then later acquired by Kraken in 2016. This connection could be the first known connection between Satoshi Nakamoto and a centralized exchange.
Other known addresses that were included under the “Satoshi Nakamoto” entity include addresses which he was known to have spent Bitcoin from as well as the addresses included in the emails between Satoshi Nakamoto and Hal Finney.
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