Satoshi Nakamoto, the pseudonymous person or group that created Bitcoin, returns just days after the crypto community celebrated its 15th anniversary commemorating Satoshi Nakamoto mining Bitcoin's Genesis block. It seems so. Someone sent 27BTC to Satoshi Nakamoto's wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
Satoshi Nakamoto in action
The previous transaction took place on January 6 when someone bought 27 BTC from the cryptocurrency exchange Binance and sent it to Satoshi Nakamoto's wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
This news spread like wildfire in the crypto community, with most expecting a comeback for Satoshi Nakamoto, the father of Bitcoin. Some speculate whether it was actually Satoshi or if someone simply transferred 27 BTC, worth over $1 million, to spotlight Bitcoin's adoption and growth.
The transaction coincides with Spot Bitcoin ETF issuers updating their Amendment 19b-4, indicating that Spot Bitcoin ETFs are likely to be approved by the U.S. SEC next week. BlackRock, Grayscale, Fidelity, Ark 21Shares, Bitwise, VanEck, Valkyrie, Invesco Galaxy, Hashdex, WisdomTree, and Franklin Templeton are vying to approve a spot Bitcoin ETF.
Bloomberg ETF Analyst james seifert It notes that these applications do not guarantee approval, but represent significant progress in the process.Senior ETF Analyst Eric Balchunas The final S-1 is expected on Monday, noting that the SEC is expected to approve a spot Bitcoin ETF on January 11th.
Also read: BlackRock Bitcoin ETF has $2 billion worth of BTC lined up for trading
Transaction and wallet details
Satoshi Nakamoto mined a Genesis Bitcoin block on January 3, 2009 and added 50 BTC to wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
The latest transactions are Block 824513 Today's execution was the second largest in terms of amount, with 26.91 BTC added to the wallet from bc1.q9z82prqdknpv4ku3haargeu7c0h67yrpree6v2. Satoshi's wallet currently contains 99.67 BTC, worth over $4.3 million.
Also read: Bitcoin ETF launch expected on January 11, Bloomberg analyst suggests
