What They Don’t Want You to Know About the 80K BTC Transfers and Craig Wright

July 28, 2025
What’s raising eyebrows is how these coins moved in perfect sync, suggesting they’re likely controlled by a single entity...

One of the crypto world's biggest rabbit holes just got a fresh twist.

Over the past few weeks, around 80,000 BTC, yes, that’s over $8 billion worth, suddenly started moving from wallets that hadn’t budged in over a decade.

While the chatter on Reddit and X has been loud, one name has been surprisingly absent from most discussions: Dr. Craig Steven Wright, the controversial figure who claims to be Bitcoin’s elusive creator, Satoshi Nakamoto.

Addresses, lawsuits, and the tulip trust trail

A detailed post by analyst “Truth Machine” on Medium points out that three of the addresses involved in the recent BTC movements were listed in court during the 2019 Kleiman v. Wright case.

These were not part of the massive 1,400-address list Wright submitted under legal obligation, but from a smaller, more specific group of 26 addresses allegedly tied to the Tulip Trust, a supposed stash of early-mined Bitcoins associated with Wright.

What’s raising eyebrows is how these coins moved in perfect sync, suggesting they’re likely controlled by a single entity.

On top of that, the associated BCH (Bitcoin Cash) from these wallets moved too, while the BSV (Bitcoin Satoshi Vision) sat untouched. This all seems to align with Wright’s past claims around his use of the Tulip Trust and the way he handles digital assets.

Also notable are the legal notices that preceded the movements, sent from an entity using the revived name “Salomon Brothers,” a strategy Wright has reportedly used before in legal maneuvering. While some have dismissed these as phishing attempts, there’s no conclusive evidence proving that claim.

Timing, spam handling, and a familiar on-chain signature

Truth Machine argues that the on-chain behavior, like how dust or spam transactions were treated, mirrors Wright’s previously documented strategies.

He’s written blog posts detailing how spam in transaction patterns should be handled, and these recent movements seem to follow that very logic.

Adding to the mystery, some of the BTC was sent to legacy, not SegWit, addresses, challenging the theory that the coins were simply being moved for “security upgrades.”

With movements continuing as of mid-July, the question remains: is this further proof of Wright’s control over Satoshi-era coins?

While mainstream crypto media stays quiet, the clues keep stacking. Whether it all adds up to a bigger truth, or just another chapter in the ongoing Satoshi saga, remains to be seen.

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