Satoshi Nakamoto address receives $20k from mystery wallet

Arkham’s on-chain monitoring detected a suspected transfer of $20,000 in BTC to Satoshi Nakamoto’s address. This is the latest transfer made to Satoshi in the past four months.

According to on-chain data from Arkham Intelligence, an unknown address sent 0.185 BTC (or around $20,000 at the time of transfer) to an address believed to be owned by the Bitcoin (BTC) founder. The transfer was conducted late on June 30.

At press time, the wallet linked to Satoshi has $117 billion in holdings, all of which are stored in Bitcoin.

Arkham’s official X account suspected that the transfer could have been either an accident or a withdrawal made from an exchange or other crypto-related service. However, it stated it could also be a generous show of gratitude from “an OG Bitcoiner giving back.”

It is worth noting that this is the second largest transfer made to the Satoshi Nakamoto address since a Binance user’s account made a $200,000 Bitcoin transfer to the address back in February 2025. Though, it remains unclear whether the transfer was an accident on the exchange’s part or a spontaneous act of gratitude from early Bitcoin users.

At press time, BTC has been seeing moderate drops in the cycle. In the past 24 hours, Bitcoin has gone down 1.26% and is currently trading hands at $106,931. BTC’s market cap continues to stand at $2.12 trillion with a daily trading volume of $22.3 billion.

Why is Satoshi Nakamoto’s wallet receiving donations?

According to previous data from a CryptoQuant report revealed that miners from the “Satoshi Nakamoto era” only managed to sell 150 BTC in 2025, a significant decrease compared to the staggering 10,000 BTC sold during the same period last year.

Not only that, the daily outflow of miners has also fallen from an initial 23,000 BTC in February to only around 6,000 BTC, with the amount of BTC directly transferred to exchanges remaining low.

Therefore, it is possible that the transfer was made by a Bitcoin enthusiast to support the Satoshi era miners. At the start of this year, another unidentified wallet was also caught sending $1.19m in Bitcoin to Satoshi Nakamoto’s Genesis address.

Similar to the transfer made in February, the sender also used an account on the Binance exchange to send Bitcoin to the first wallet ever made on the network.