Is ‘2010 Whale’ Actually Bitcoin’s Creator Satoshi Nakamoto?

Pooja Khardia
Pooja Khardia

Pooja Khardia

Former SEO Writer
Expertise : Crypto News & Market Analysis, Content Strategy & SEO Writing
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
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Highlights

  • A blockchain researcher proposed that a 2010 whale could be the famous Bitcoin creator Satoshi Nakamoto.
  • The whale holdings were mined right after Bitcoin's inception and remained untouched for years until recently.
  • The theory speaks of seeing beyond the 2009 crypto wallet to 2010 high-profile wallets.

With the Bitcoin price aiming for $100k, investor attention has again shifted to its creator. Interestingly, a Blockchain researcher has brought a new theory about the Satoshi Nakamoto identity. However, this time, the revelation has come with a new perspective, bagging every crypto enthusiast’s attention.

Similar to BTC, the hype is on another level for its creator, as he disappeared right after introducing this cryptocurrency to the world. To this day, his identity is unknown, and many individuals have claimed to be one, and many have created theories around his identity. The most recent is the HBO documentary, which claims that Peter Todd is Satoshi Nakamoto. However, that failed miserably, but a new theory has been introduced, which might or might not come true.

2010 Whale Is The Satoshi Nakamoto

A blockchain researcher, Vladimir S, has taken the crypto industry by storm with his theory around Satoshi Nakamoto’s identity, bringing many things in a much better perspective. Vladimir believes that the 2010 whale could be the Bitcoin creator if this key observation is considered.

As per the BTCparser theory, Satoshi is utilizing his 2010 crypto wallets while keeping his 2009 wallets dormant to hide from the public eye. Meanwhile, he is still connected with the crypto industry as a 2010 whale, carrying millions of dollars of tokens per BTC price of $98K. With these tokens, he might have funded the Bitcoin development, tested the system, and lived a wealthy life without anyone’s suspicion.

Satoshi Nakamoto Identity

3 Factors Supporting This Bitcoin Creator Theory

The blockchain researcher has thoroughly investigated the 2010 whale’s appearance in the market. With that, he has concluded three key factors that support his Bitcoin theory.

Firstly, the researcher found out that all the whale holdings were mined back in 2010, soon after Bitcoin’s inception. More importantly, it began after Satoshi Nakamoto disappeared for good. The second point to consider is that the whale had no prior trading activity before awakening and holds exactly 50BTC.

2010 Whale Stats

 

The report also finds that the entity has revived 25,000 BTC from dormancy in the last three years. Its first awakening was in November 2019, and the last was in November 2024, transferring 2,000 BTC ($176B) to Coinbase.

Last but not least, the funds were pooled into a single P2SH address, which is often used as an escrow. The whale later divided these funds into multiple equal segments before sending them to multiple bech32.

Is This Crypto Whale Really The Bitcoin Creator?

Over the years, many Bitcoin creator-related theories and claims have been made, but none could come closer to the industry’s acceptance. The same is true with Vladimir’s 2010 whale theory, as this is a hypothesis that requires many other crucial proofs. At the same time, the blockchain researcher has also claimed that it is a theory and not a conclusion.

With that, Vladimir and other analysts are diving to connect the dots between the 2010 whale and the Bitcoin creator. More importantly, this theory brings a new perspective to look beyond Satoshi’s 2009 wallet activity. Instead, people should look for other high-profile 2010 wallets that come close to Satoshi Nakamoto’s identity.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.