Bitcoin’s mysterious creator Satoshi Nakamoto has received almost 26 bitcoin worth just over $1 million—more than 10 years after they disappeared.
A wallet created by Satoshi Nakamoto, the so-called Genesis wallet that was the first ever created on the bitcoin network, received the bitcoin—sparking speculation that the bitcoin creator had “woken up.”
‘Satoshi Woke Up’—Legend Of Bitcoin’s Mystery Creator Satoshi Nakamoto Suddenly Deepens
Do not be panic, as Satoshi would not dump the market.
Why do people have confidence in Bitcoin despite the potential influence of Satoshi could dump the market. Several factors contribute to this trust:
The coins attributed to Satoshi, which could significantly impact the market, belong to a set that has remained untouched. It’s plausible that Satoshi no longer possesses the keys to these coins.
Even if Satoshi retains the keys, there’s no logical reason for him to crash the market. Doing so would drastically reduce the value of his holdings.