Satoshi Era BTC Wallet Rumor Shut Down by Coinbase Director: Details
2025-07-06 10:10:40

Main Idea
Coinbase director Conor Grogan dismissed a rumor about a Satoshi-era Bitcoin wallet transaction, clarifying that a claimed 1.5 BTC transaction was fabricated, while eight dormant wallets moved 80,000 BTC worth $8.6 billion.
Key Points
1. Eight Bitcoin wallets, dormant since 2011, moved 10,000 BTC each (totaling 80,000 BTC or $8.6 billion) on Friday.
2. An X user claimed one of the wallets was linked to a 2013 forum post involving a 1.5 BTC transaction, but Coinbase director Conor Grogan debunked this as fake.
3. The 'Satoshi era' refers to the period from Bitcoin's launch in 2009 to 2011 when its pseudonymous creator was active.
4. The movement of such a large amount of BTC drew significant attention from the crypto community.
Description
New update emerges on Satoshi era wallet 80,000 Bitcoin shift
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