đšâ ïž IS SATOSHI SELLING HIS BITCOINS ?
On the Bitcoin network, there are addresses known as "zombies"; these are addresses containing inaccessible funds due to the loss of the associated private key. These addresses often result from various reasons, such as the loss of keys by negligence, the obsolescence of wallets, or simply the inaction of users, including their death.
Recently, significant movements have been observed in Bitcoin wallets containing over 120,000 BTC and inactive for more than 14 years. "Whales" holding nearly 10,000 BTC each have made transactions to new addresses, sparking speculation about their intentions.
These transactions could cause high volatility. If a large amount of Bitcoin is suddenly put up for sale, it could drive prices down, as the supply in the market will rapidly increase.
In this context, it is interesting to wonder what would happen if Satoshi Nakamoto, the creator of Bitcoin, decided to sell his Bitcoins. Currently, a large portion of the Bitcoins mined by Satoshi is held in addresses that are considered zombies, as they have not been used since their creation. If Satoshi were to sell his Bitcoins, it would have several implications:
The sale of these Bitcoins could flood the market and potentially lower the price unless it is done gradually.
At the same time, it would also remind us of the nostalgia of Bitcoin's early days, a time when it was still seen as a mere experimental project. Satoshi's sale could thus become a symbol of the end of an era, marking the transition from a utopian dream to a commercial reality.