Is Satoshi the '2010 megawhale' that is still actively selling Bitcoin? episode artwork

EPISODE · Nov 25, 2024 · 7 MIN

Is Satoshi the '2010 megawhale' that is still actively selling Bitcoin?

from Rise’n’Crypto · host Сointelegraph

The weekend didn't bring the anticipated $100K price tag for Bitcoin. In fact, we saw a retracement as we neared the weekly close. This caused some heavy liquidations in the space, particularly with altcoins, but the dawn of a new week has (so far) returned us to that chase for the elusive six-figure price tag. While on Bitcoin, a team of researchers suggests that Satoshi Nakamoto didn't go dormant and that he's been strategically selling from old wallets since 2019. Also, Wrapped Bitcoin (WBTC) has been going through a difficult period as it was delisted from Coinbase and then experienced a flash crash on Binance! Finally, we'll look at the latest update on the seminal Alexey Pertsev and Tornado Cash case.Further reading:Who cares about $100K? 5 Things to know in Bitcoin this weekCrypto liquidations reach $470M as Bitcoin retraces, altcoins surgeNew Satoshi theory suggests it’s been the ‘2010 megawhale’ all alongCoinbase to delist Wrapped BitcoinWrapped Bitcoin flash crashes to $5K on Binance exchangeCourt prolongs Tornado Cash developer Pertsev’s pre-trial detentionRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

The weekend didn't bring the anticipated $100K price tag for Bitcoin. In fact, we saw a retracement as we neared the weekly close. This caused some heavy liquidations in the space, particularly with altcoins, but the dawn of a new week has (so far) returned us to that chase for the elusive six-figure price tag. While on Bitcoin, a team of researchers suggests that Satoshi Nakamoto didn't go dormant and that he's been strategically selling from old wallets since 2019. Also, Wrapped Bitcoin (WB...

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Is Satoshi the '2010 megawhale' that is still actively selling Bitcoin?

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This episode was published on November 25, 2024.

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The weekend didn't bring the anticipated $100K price tag for Bitcoin. In fact, we saw a retracement as we neared the weekly close. This caused some heavy liquidations in the space, particularly with altcoins, but the dawn of a new week has (so far)...

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