Cryptocurrencies

Satoshi-Era Bitcoin Whale Achieves 5,972,920% Gains as HBO Reveals Satoshi’s Name

A notable cryptocurrency tracker has reported that a long-dormant crypto whale has reactivated its wallet after nearly 14 years. This wallet last transacted shortly after the enigmatic Satoshi Nakamoto issued a farewell message to the Bitcoin community and vanished.

### Bitcoin Whale Emerges with Nearly Six-Million-Percent Gains

The resurfacing wallet contained 121 BTC, coins that were valued at just over $1 each back in 2011, totaling approximately $126. As of October 2024, this Bitcoin stash is now valued at an astonishing $7,525,999, resulting in an incredible growth of about 5,972,920%.

This revelation coincided with the release of a highly anticipated documentary titled “Money Electric: Bitcoin Mystery,” directed by Cullen Hoback. The film claims that early Bitcoin developer Peter Todd is Satoshi Nakamoto.

### Community Disappointed by HBO Documentary Claims

In the documentary, Hoback interviews various “Satoshi candidates,” including figures like Adam Back and early Bitcoin adopters such as Samson Mow. He points to Todd, who commented on a post from Satoshi on the BitcoinTalk forum, claiming he was simply continuing the conversation from his actual account.

Many in the Bitcoin community found the evidence presented in the documentary lacking. Co-founder Billy Markus expressed skepticism, asserting that Satoshi was not Peter Todd, but speculated it might have been Hal Finney, who passed away a decade ago from ALS.

In response to the whale report, one user on social media humorously questioned, “Is that you, Peter Todd?”

Todd himself critiqued Hoback’s documentary, stating that it irresponsibly compromised his safety. He emphasized, “The truth is pretty simple: there are hundreds, even thousands of people who could have created Bitcoin,” and concluded that “We’re not going to find Satoshi.”

Many in the crypto community support Markus’s view, also suggesting that Satoshi could have been Hal Finney. Recent insights from a prediction market indicate another possibility: Len Sassaman, a cryptographer who died by suicide in early 2011, shortly after Nakamoto’s disappearance.

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