The Mystery of Bitcoin Worth $9 Billion

The Mystery of Bitcoin Worth $9 Billion
On July 4, when most Americans were busy preparing barbecues and fireworks, the cryptocurrency world witnessed a more shocking event: Bitcoin, worth 9 billion dollars, suddenly woke up after 14 years of silence.

Four wallets holding 80000 bitcoins – each initially purchased for less than $5- suddenly became active. This timing has provided a breeding ground for various conspiracy theories, and almost everyone has come to the same conclusion: the founder of Bitcoin, Satoshi Nakamoto, has returned.

Spoiler alert: This is not Satoshi Nakamoto. But the real story is even more fascinating.

The Great Awakening of Bitcoin
Imagine: In 2011, you spent $5 on something and then completely forgot about it. Today, you discovered that it is worth over $100000. Multiplying this number by 80000, you witness the most astonishing investment return in human history – a whopping 141 million% profit.

This is exactly the experience of this mysterious whale. When the price of Bitcoin was still insignificant, someone accumulated a large amount of Bitcoin and completely disappeared. There was no transaction, no movement, just the silence of the digital world that lasted for over a decade.

The mobile mode of the wallet is crucial:

First transfer: 20000 bitcoins (approximately $2.2 billion)
Second transfer: 10000 bitcoins (approximately $1.1 billion)
Subsequently, more transfers were made, totaling 80000 bitcoins, involving four wallets
Why do everyone think it’s Satoshi Nakamoto
When the ancient Bitcoin wallet suddenly became active, the crypto community (especially discussions on the X platform) exploded instantly. The timing seems suspicious – July 4th, Independence Day in the United States. The transferred amount is huge, and these wallets have never been moved since the early days of Bitcoin, when only a few people held large amounts of Bitcoin.

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BNB Smart Chain(BEP20)Address:0xb01e8aa1b334a49b224e4ba9f84eec1e58bd5087

Tron（TRC20）Address:TS2SWtDXFmCnCV1EdFMN3A4JQ5uYWzsqTk

Ethereum(ERC20)Address:0xb01e8aa1b334a49b224e4ba9f84eec1e58bd5087

Solana Address:3L1Hc5K5QMhtEPfCen71VMAJQf4vk63DuT8S1mUD8URB

The first reaction of the crypto community is to worry about the worst-case scenario: if Satoshi Nakamoto starts selling Bitcoin, the entire market may collapse. After all, it is estimated that Satoshi Nakamoto holds approximately one million never moving bitcoins. If these coins enter the market, it will trigger an earthquake like impact.

Association with Mt. Gox
But blockchain analysts are like digital detectives, quickly discovering key clues. These wallets are directly linked to Mt. Gox, a notorious Bitcoin trading platform that went bankrupt in 2014 due to a hacker attack resulting in a loss of 850000 bitcoins.

During its peak, Mt. Gox processed approximately 70% of Bitcoin transactions. The association between these dormant wallets and Mt. Gox is like finding fingerprints at a crime scene.

Roger Weir: The First Evangelist of Bitcoin
Through blockchain analysis, 99% of the evidence points to one person: Roger Ver, known as the “Bitcoin Jesus” for his early passion for promoting Bitcoin. In the first decade of Bitcoin, Vail was like the early Michael Saylor, promoting its potential everywhere when most people thought Bitcoin was just a “funny currency on the internet”.

The connection between Weir and Mt. Gox is widely known. He even filmed promotional videos for the trading platform and endorsed their legitimacy at its Tokyo headquarters. When Mt. Gox went bankrupt, Weir was one of the many people who lost a large amount of Bitcoin.

Early Bitcoin ecosystem
To understand the importance of this matter, we need to look back at the early days of Bitcoin. That is one:

Bitcoin price is less than $5
Only a few trading platforms exist
Most people have never heard of cryptocurrency
The era where ordinary computers can mine
Will is one of the few people who truly believes in the potential of Bitcoin. He not only purchased Bitcoin, but also promoted it, funded Bitcoin startups, and helped build early ecosystems.
Why isn’t this bad news
Unveiling the mystery of identity actually brings peace of mind, for the following reasons:

Not Satoshi Nakamoto: The mysterious creator still holds about one million bitcoins untouched. If Satoshi Nakamoto starts selling, it will be the real news that shakes the market.
It is well known that Roger Weir holds a large amount of Bitcoin: this is not surprising. Will has been openly discussing his Bitcoin holdings and promotional activities.
Showing the resilience of Bitcoin: Even with large-scale transfers by early whales, the market did not collapse. Bitcoin has far surpassed the early adopters stage.
The bigger picture
This incident highlights the key to the evolution of Bitcoin. In 2011, when these wallets were last moved, Bitcoin was just an experiment for cryptographers and early tech enthusiasts. Nowadays, it is regarded as “digital gold” by institutions, governments, and mainstream investors.

The scale of change is shocking:

From $5 to over $100000 per piece
From amateur mining to industrial operation
From technological curiosity to government reserve assets
From a single trading platform (Mt. Gox) to hundreds of trading platforms
The significance for current investors
Roger Weir’s story showcases the enormous opportunities and patience required for cryptocurrency investment. Vail experienced the darkest moments of Bitcoin – multiple crashes, regulatory uncertainty, trading platform failures, and years of skepticism.

But this also indicates that we are still in the early stages. An analyst pointed out that compared with the development of the Internet, the adoption of Bitcoin is about the same as that in 1996. The Internet has grown exponentially since 1996, suggesting that the mainstream adoption of Bitcoin has just begun.

Trust factor
There is another perspective worth considering: in the era of rampant voice cloning and deep forgery, we need a trust system that does not rely on central institutions. The blockchain of Bitcoin provides mathematical certainty – which is why the United States wants to hold one million bitcoins and companies add them to their balance sheets.

The connection between Circle and stablecoins
Speaking of trust and adoption, Circle (stock code: CIRL) recently went public and its stock price soared from $31 to $242 within 10 days. Circle has issued the second largest stablecoin USDC, and the key is that most stablecoins run on Ethereum.

This creates an interesting dynamic: as the adoption of stablecoins surges (driven by government recognition), Ethereum becomes the backbone of infrastructure. It’s like betting on railway companies during a gold rush.

look into the future
The transfer of the giant whale on July 4th had little impact on the price of Bitcoin, and the market quickly recovered from the initial selling pressure. More importantly, this demonstrates the maturity of the cryptocurrency ecosystem.

We are about to welcome Congressional ‘Crypto Week’ (July 14-18), where major legislation such as the ‘Clear Bill’ and the ‘Genius Bill’ will be put to vote. Combining the growth adopted by institutions and the approval of ETFs, the foundation for the next phase of cryptocurrency growth is forming.

The real lesson
Roger Weir’s revelations tell us that the most successful early adopters of Bitcoin were not short-term traders or speculators – they were believers who experienced everything. From $5 to $100000 requires a rare belief in any investment.

Whether you buy Bitcoin today or hold it for years, the question is not whether it’s too late. 95% of investors still do not hold Bitcoin, indicating that we may still be in the early stages of this technological revolution.

This mysterious whale is not the return of Satoshi Nakamoto – it just reminds us once again that patience and faith in technology often bring almost incredible rewards in the Bitcoin world.