Unusual Bitcoin movements cause uproar - return of Satoshi Nakamoto?


These are extraordinary times in the crypto market. News from the US is more bullish than ever, institutional investors are buying more and more Bitcoin, and experts' forecasts are tumbling. Price targets of one million dollars seem increasingly realistic. However, there's now a setback that's causing the crypto community to sit up and take notice: Bitcoin worth over eight billion dollars has been moved for the first time in 14 years.
These are incredible figures that are currently causing a stir. In 2011, the Bitcoin price was still below one dollar. Several wallets from that time, each holding 10,000 Bitcoin, have now been reactivated. Today, the value of 10,000 Bitcoin is $1.08 billion, and a total of eight of these wallets have become active again with such large sums.
There's now a lot of speculation about who might own the coins and, above all, what will happen to them. If $8 billion worth of Bitcoin were to enter the market, it would significantly depress the price, at least in the short term. However, the coins have not yet been transferred to a crypto exchange, only to another wallet. Whether they will actually be sold remains unclear.
Speculation as to who might be behind the over $8 billion Bitcoin ranges from Satoshi Nakamoto to Roger Ver or Ross Ulbricht. Ross Ulbricht is the operator of Silk Road, a former online black market where you could buy pretty much anything that wasn't legal. Roger Ver is a US entrepreneur who was an early investor in Bitcoin.
Most speculation, however, is about whether Satoshi Nakamoto, the still-unknown founder of Bitcoin, is behind it. If that's the case, it would be quite problematic for the market, as Satoshi Nakamoto is estimated to hold over a million Bitcoin. Until now, it was assumed that these coins would remain dormant forever. If they actually returned to circulation, it would likely trigger a crash.
It remains to be seen who is really behind the transactions and whether the coins will actually be sold. Investors are now looking for alternatives that could generate significantly higher returns than with Bitcoin. The BTC Bull Token ($BTCBULL) is particularly attracting investors' attention. The BTC Bull Token is the first altcoin that allows investors to profit from both a Bitcoin rally and a price explosion in $BTCBULL itself.
The BTC Bull tokens are currently still available for pre-sale, but this ends on Monday. Given the already extremely high demand, analysts expect a price explosion upon launch. Investors have already invested over $8 million to get in on the action before the stock market listing. A price increase of well over tenfold would therefore not be a big surprise.
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