The crypto community is buzzing amid a mysterious Bitcoin transaction, where an unknown wallet sent around $20,000 worth of Bitcoin to the first-ever Bitcoin wallet on the planet, which belongs to Satoshi Nakamoto, the anonymous creator of Bitcoin.
The transaction, which took place on June 30, 2025, and involved 0.185 BTC, was detected by blockchain intelligence firm Arkham Intelligence. The firm said this is the largest such transfer in four months.
The wallet address receiving the funds is linked to the Genesis Block, the first block mined on the Bitcoin blockchain.
A Regular Pattern or Just a Mistake?
Arkham analysts say the transaction may have been either an accidental withdrawal from a crypto exchange or a symbolic gesture, perhaps from a long-time Bitcoin user wanting to honor Bitcoin’s mysterious founder.
However, this isn’t the first time such a donation has happened. In February 2025, someone sent $200,000 worth of Bitcoin to the same wallet shortly after withdrawing funds from Binance. Over the years, Satoshi’s address has received several such transfers, ranging from a few thousand dollars to over $1 million.
Since the large transactions seem to be tied to exchange related activity, there is the possibility that users may be mistakenly entering the wrong wallet address when making withdrawals. Nevertheless, it remains a mystery whether these are genuine errors or intentional tributes to Satoshi.
Satoshi’s Wallet: A Dormant Fortune?
The Genesis wallet, along with several other addresses linked to Satoshi Nakamoto, holds a combined value of about $117 billion in Bitcoin. These coins have remained untouched since Nakamoto disappeared from public view in 2011. If any of these wallets were to suddenly become active, it would likely cause major disruption in the crypto markets.
Renewed Interest in Satoshi’s Identity
Meanwhile, there is so much mystery around who Satoshi Nakamoto really is. Several legal cases, documentaries, and independent investigations have tried to uncover the truth.
Recently, some researchers have speculated that it may be Twitter co-founder Jack Dorsey, claiming there are links between him and Satoshi through shared interests in cryptography and digital privacy. One theory even points to nautical references found in early Bitcoin code as possible clues.
For now, the mystery remains, and so do the untouched billions in Satoshi’s wallets.