It’s a mystery that has shaken the very foundations of the crypto community: who on earth moved 80,000 BTC (a whopping $8.72 billion)? The plot thickens, and the sleuths are on the case! π
A Royal Connection?
Enter TruthLabs, a Bitcoin on-chain sleuth with a theory that’s equal parts intriguing and bizarre. Apparently, Christian, Olivier Janssens, the son-in-law of the last king of Italy (because, why not?), might be the culprit behind the massive BTC transfer. TruthLabs claims that Janssens was mining Bitcoin less than a month after its creation, which is either impressive or suspicious, depending on how you look at it. π€
But wait, there’s more! This BTC whale had accumulated these coins when Bitcoin was trading at a mere $0.78. Talk about a bargain! π€ And, according to TruthLabs, the 80,000 BTC came from idle Bitcoin that was moved from Mt. Gox over a decade ago. Because, you know, who needs a statute of limitations when it comes to cryptocurrency? π°οΈ
And then things take a turn for the weird. TruthLabs suggests that the 80,000 BTC transfer might be connected to a weather modification (yes, you read that right) targeted at a Christian camp. Because, why not use your vast cryptocurrency fortune to control the weather? βοΈ Augustus Doricko, CEO of Rainmaker and Thiel Fellow, apparently agrees that weather can be weaponized. Just what we need: more reasons to be paranoid about the weather. πͺοΈ
Coinbase Director Conor Grogan has a more down-to-earth theory (pun intended). He thinks that the $8 billion in BTC might have been hacked or compromised private keys. Ah, the classic “I lost my keys” excuse. π€¦ββοΈ Grogan points to a Bitcoin Cash (BCH) transfer that occurred in corresponding wallet clusters prior to the BTC transfers, which might have been the hackers testing the private keys. Because, you know, hackers are just like us, but with more cryptocurrency and fewer scruples. π€
Roger Ver: The Usual Suspect?
Onchain-sleuth Sani is “99.99%” sure (which is basically a certainty in crypto-sleuthing terms) that the Bitcoin whale who moved the 80,000 BTC is none other than Roger Ver. Why? Because Sani dug into Ver’s historical purchase activity and cross-referenced those dates with his database of unidentified addresses. And, voilΓ ! Only six addresses were worth 60,000 BTC, and all of them were among the wallets that transferred the 80,000 BTC. π
But wait, there’s more! Two additional addresses also transferred 10,000 BTC, bringing the total to 80,000 BTC. Sani claims that he previously missed these two because they were already identified as “Individual X” in his system. Ah, the classic “I meant to do that” excuse. π
And, as of writing, the BTC price is trading at around $109,171, up in the last 24 hours, according to data from CoinMarketCap. Because, you know, cryptocurrency prices are always a thrill ride. π’
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2025-07-08 02:13