Satoshi’s Phantom Sale: A Farce in Bitcoin’s Comedy

Ah, the theater of the absurd! A tale hath spread like wildfire upon the digital stage of platform X, claiming that Satoshi Nakamoto, the enigmatic architect of Bitcoin, hath parted with 10,000 of his precious coins. A screenshot, as flimsy as a courtier’s promise, was brandished to support this farce, and lo, the masses were quick to devour the spectacle.

The implications, my dear reader, are as grand as a royal banquet! For Nakamoto’s hoard, untouched since the dawn of Bitcoin’s mining age, is a treasure of legend. Yet, a closer examination of the blockchain’s ledger reveals a comedy of errors, not a tragedy of sales.

Unmasking the Farce of Satoshi’s Alleged Bitcoin Sale

Behold, a post on X by a crypto minstrel named Discover doth proclaim that Satoshi hath moved 10,000 BTC from his slumbering wallet. The tale suggests a sum exceeding $760 million, a sum that could send the fragile Bitcoin market into a tailspin of despair. Oh, the drama!

The image accompanying this tale, purportedly from Arkham Intelligence, a platform of on-chain wisdom, doth show an outflow of 10,000 BTC into the account ‘bc1qcj,’ with the last transaction dating back a dozen years. Yet, this screenshot is but a mirage in the desert of truth.

Forsooth, a diligent inspection of Arkham’s records reveals no such transfer. There is no evidence of 10,000 BTC departing from any known address linked to our elusive Satoshi. The ledger doth not lie, though fools may whisper otherwise.

Bitcoin chart from Arkham Intelligence

The true tale is far less dramatic. Nakamoto’s wallets have remained as still as a stone for over 12 years. Instead, tiny fractions of Bitcoin, scarcely worth a courtier’s tip, have trickled in. These micro-transactions, mere dust in the wind, are but the normal chatter of the blockchain, with the latest being an inflow of 0.0000329 six days past.

Why Such a Farce?

Ah, the mystery of Satoshi Nakamoto! His identity and deeds are as debated as the merits of a royal tax. Believed to hold near 1 million Bitcoin, mined in the network’s infancy, he hath been silent since April 2011. Thus, any whisper of his coins stirring is enough to set the crypto world aflame, even when the tale is but a figment of imagination.

This post, though inaccurate, captured the hearts and minds of many, for it played upon their fears and curiosities. Arkham Intelligence doth confirm that Nakamoto’s wallets hold 1.096 million BTC, a treasure valued at $84.3 billion. Yet, the market, ever fickle, hath been in a state of turmoil, with Bitcoin dipping to levels not seen since April 2025, trading at $76,872, with an intraday low of $74,591, as CoinGecko doth report.

Bitcoin price chart

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2026-02-03 02:46