80k BTC Recently Moved: Belonging to Adam Back
Theory: Back and Peter Todd as the “Collective Satoshi”
Adam Back is the owner of the 80k BTC that recently moved. In the HBO documentary, Back and Peter Todd were suggested to be the potential collective Satoshi – a theory that holds some weight. This could imply that Satoshi might be among us, gradually legitimizing his coins.
Back’s Cryptography Background and Bitcoin Holdings
With Adam Back’s expertise in cryptography, it is possible that he holds more Bitcoin wallets. Fortunately, being a Bitcoin maximalist, he is not likely to disrupt the market with his holdings.
Related news: Daily crypto report – 15.07.2025
