CryptoQuant Founder Claims Satoshi Wallets Haven’t Sold a Single Bitcoin

  • CryptoQuant founder Ki Young Ju confirmed that Satoshi hasn’t sold a single BTC.

  • Satoshi used a special mining pattern and mined 1 million BTC in Patoshi wallets.

  • Young Ju asked the crypto sector to respect Satoshi’s right to privacy.

Ki Young Ju, the founder and CEO of blockchain analysis platform CryptoQuant, said in a series of posts on X that the wallets used by Satoshi Nakamoto, the creator of Bitcoin (BTC), to mine the initial supply of the cryptocurrency haven’t sold any of the coins it held.

Young Ju confirmed on X that Satoshi has never sold any of the Bitcoin that he mined. Patoshi wallets, which are the digital wallets associated with the early Bitcoin mined by Satoshi using a unique pattern, currently hold 1 million BTC. The patterns show that none of the Bitcoin has been spent.

Satoshi never sold his #Bitcoin, ever. pic.twitter.com/SIfbOoXBsA

— Ki Young Ju (@ki_young_ju) October 8, 2024

Satoshi Nakamoto, Bitcoin’s enigmatic creator, left behind a unique fingerprint in the early days of Bitcoin mining: the “extranonce pattern.” This distinctive pattern within the mined blocks allows researchers to trace those initial Bitcoins back to sp…

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