More than $5,000 in Bitcoin sent to Satoshi Nakamoto-linked wallets

Arkham said one or more Revolut users sent Bitcoin over two days to Patoshi addresses linked to Satoshi Nakamoto, long-dormant wallets widely viewed as inaccessible and effectively one-way destinations for inbound funds.

BTC

32d ago

Fact Check

The originating source is Arkham Intelligence's X post (@arkham), a reputable on-chain analytics firm, which states a Revolut user sent Satoshi over $5,000 of Bitcoin. The provided secondary sources (U.Today, Phemex, CoinNess) all trace to this same observation and consistently describe the transfers from Revolut's shared hot wallet to Satoshi's Patoshi-linked dormant addresses (holding ~1.11 million BTC) as effectively unrecoverable. All key elements of the claim — the >$5,000 figure, the Revolut shared hot wallet, the Patoshi addresses holding ~1.11M BTC, and the unrecoverable/burned nature — are corroborated. Confidence is medium rather than high because the underlying attribution rests on a single primary source (Arkham) and the on-chain claim of sender being a specific Revolut user is inferential (a shared hot wallet makes precise sender attribution imperfect).

Summary

More than $5,000 worth of Bitcoin was sent over the past two days to wallets associated with Satoshi Nakamoto, according to Arkham, which said one or more Revolut users were behind the transfers. Transaction data indicated a sequence of small test payments followed by a final transfer of 0.033 BTC, worth about $2,170, to the Patoshi address cluster tied to Bitcoin’s early mining history. Those addresses are estimated to hold about 1.11 million BTC, valued at roughly $71.1 billion at a Bitcoin price near $64,364, and have remained untouched since Bitcoin’s earliest years. Because the wallets are widely regarded as dormant and inaccessible, such transfers are typically treated as symbolic, attention-seeking, mistaken, or effectively burned.

Terms & Concepts

Patoshi addresses: A cluster of early Bitcoin mining addresses widely associated with Satoshi Nakamoto’s activity.
hot wallet: A crypto wallet connected to the internet, typically used by platforms to process customer transactions.
Arkham: A blockchain analytics firm that tracks on-chain activity.