The person or group known as Satoshi Nakamoto, who created Bitcoin, received a direct payment of $5,000 over the last day. This wasn’t due to an increase in Bitcoin’s value, but a direct transfer sent through the Revolut app to wallets associated with the original Bitcoin network.
Activity on the Arkham platform suggests a deliberate series of transfers. Someone started by sending very small amounts—just a few cents—to test things out. They then completed the process with a final transfer of 0.033 BTC, worth approximately $2,170. The funds originated from a shared Revolut wallet, which makes it difficult to identify the sender, as it’s used by millions of Revolut customers.
The funds were sent to the well-known Patoshi addresses, a large collection of thousands of linked digital wallets that are believed to have been used by Bitcoin’s creator, Satoshi Nakamoto, when first creating Bitcoin.
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Currently, there are 1.11 million Bitcoins held in certain addresses that haven’t been moved. With Bitcoin trading around $64,364 each, these holdings are worth about $71.1 billion. During the price increases of 2024–2025, the value of these Bitcoins reached over $110 billion, potentially making the owner, known as Satoshi, one of the wealthiest people in the world.
It’s ironic because the $5,000 was essentially a one-way transaction. Due to how Bitcoin was originally programmed and the fact that the private keys controlling those funds haven’t been accessed since Satoshi Nakamoto vanished, it’s impossible to get the money back.
Any transfer to Satoshi’s wallets amounts to permanently burning one’s own money.
Why send $5,000 to Satoshi’s long-dormant wallets?
Blockchain logic and the history of similar transactions point to three possible explanations:
- A symbolic gesture: People regularly send “donations” to the creator’s addresses as a sign of gratitude. This is far from the first such case: in 2024, a $1.2 million transfer was sent to Satoshi’s addresses, followed by another $150,000 in February this year.
- An attempt to attract attention: Satoshi’s network of wallets is monitored around the clock by automated trackers, and such a transfer is a guaranteed way to instantly highlight the transaction in news feeds and push it to the top of Arkham’s algorithms.
- A simple mistake: The most mundane explanation is an ordinary error made while copying an address to the clipboard during a manual transfer.
The event didn’t affect the cryptocurrency industry as a whole. The main concern for the market is whether Satoshi Nakamoto will start moving the large amount of Bitcoin they’ve held since 2009.
Until his wealth is actively used, any money sent to him just appears as a strange quirk on the blockchain.
2026-07-23 18:13