In a curious move spotted by Arkham Intelligence, roughly $20,000 worth of Bitcoin has been sent to an address widely believed to belong to Bitcoin’s elusive creator, Satoshi Nakamoto.
On-chain data reveals that an unidentified sender transferred 0.185 BTC to the address late on June 30. This marks the latest in a series of transactions directed towards Satoshi’s wallet in the past four months.
Did somebody just send $20,000 to Satoshi Nakamoto by accident?
This was most likely a withdrawal from an exchange or service. Satoshi hasn’t been sent this much since 4 months ago, when someone sent him $200K from a personal wallet after withdrawing from Binance.
Was this an… pic.twitter.com/15HAZKdKSb
— Arkham (@arkham) June 30, 2025
Currently, the address holds an estimated $117 billion entirely in Bitcoin. Arkham’s official X account suggested the transfer might have been accidental or a routine withdrawal from an exchange or crypto service. Nonetheless, the platform hinted that it could also be an intentional gesture of appreciation from an early Bitcoin adopter – “an OG Bitcoiner giving back.”
This transaction ranks as the second-largest recent transfer to Satoshi’s wallet. Back in February, a Binance-linked account sent approximately $200,000 in Bitcoin to the same address. While the motive behind that transfer also remains unclear, speculation ranged from mistaken transactions to intentional acts of gratitude.
On a broader note, data from CryptoQuant indicates a decline in miner sell-offs compared to last year. In 2025, miners from the “Satoshi Nakamoto era” have only sold 150 BTC so far – a stark contrast to the 10,000 BTC offloaded within the same period in 2024. Additionally, miner outflows have fallen from 23,000 BTC in February to around 6,000 BTC recently, with direct transfers to exchanges remaining minimal.
Earlier this year, another mysterious transaction sent $1.19 million worth of Bitcoin to Satoshi Nakamoto’s Genesis wallet. Just like February’s transaction, the sender routed the funds through an account on Binance before it arrived at Bitcoin’s first-ever address.
Meanwhile, a new proposal to redefine Bitcoin’s smallest unit has sparked heated debate in the crypto community, with notable backing from Block Inc. CEO Jack Dorsey and pushback from key Bitcoin proponents.
The actual reason behind these transfers remains shrouded in mystery, continuing to fuel speculation within the crypto community about whether they are accidents, tributes, or a hidden message to the network’s creator.
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