Apparently, a wallet that had been inactive for almost five years moved 111,114 BTC to various exchanges around the world with the aim perhaps of promoting trading in the popular crypto-market after a recent bullish trend in Bitcoin prices. Reddit User Sick_Silk published after a very deep research
For years, the wallet, 1933phfhK3ZgFQNLGSDXvqCn32kgFQNLGSDXvqCn32k2buXY8a has been the scope of many curious enthusiasts as its owner has remained in the shadows, generating much speculation in the community (also earning the nickname of “wallet 1933ph”, “1933x” or simply “wallet 1933)”; however, a bitcointalk post of October 14, 2013, mentions that it could be related to DPR (Dead Pirate Roberts) the pseudonym that the authorities were able to attribute to Ross Ulbricht, founder of Silk Road, after his trial.
“Long story short, I think, if my analysis is not wrong, the address 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a belongs to DPR. He used a tumbler to mix his coins but looks like it wasn’t good enough to hide the trail. I just used a shortest path something to find the path that leads to the final destination. So here is the trail:
1LDNLreKJ6GawBHPgBB5yfVLBERi8g3SbQS (tx: afeecd8e47d6c3912d6c2e5e5f7a2ceafdecc9d4ad221480fe90847c23f81c8892) -> ->
1BG9jDV3pA1MsJUnvRyWuA2b7PfGd4MZaw (tx: acb4608da3e06bb787682c7b2f5c4808b831301617cdf5986fd2693970c8040e) -> -> ->
12h6TzwPNBvDnppbsqpyXwwW4oo5UUKaKSa (tx: fb059f1acfe0399ca2d5090ff9264dfe88b918230c01f09391eaefa83082f4fb) -> ->
1EG9HJG9aGqzgGujfNQMiNbyqpKnFxafvE (tx: f3b6040fd5c2f70d4be82e5a97b9fcad67a1ebdfa20af8c7915b82afdd8aaa174) -> -> ->
1AHki5AbZYiz4fHkGSTVKN3T1Tv5PwZpnh (tx: 758b776dec1851a94a94a6c4ee1782aaf7210a59ae1e8c184d2b469d8039ff1773c) -> ->
15TEAwEMxVS3BK718HhwgJg7nxwyJ2ib9y (tx: 70d46f768b73e50440e41977eb13ab25826137a8d34486958c7d55c5931c6081) -> ->
It is important to note that although there is a ‘link’ between the transactions, the use of a coin mixer makes it very difficult to confirm with absolute certainty the suspicions of “assortmentofsorts” (the OP). However, such statements cannot be refused with total confidence either.
It is also important to mention that the wallet appears in a stocks sales contract that Dave Kleiman made to Craig Wright on April 2, 2013, so some have commented that it could be a movement of Bitcoins by Mr. Wright prior to the launch of Bitcoin SV, a Bitcoin Cash fork that aims to consolidate as the “true vision” of Satoshi Nakamoto.
According to the research, the owner of the famous wallet moved the 4-year-old dormant bitcoins through several transactions that ended in 3 significant exchanges with substantial trading volume: 11114 reached a Bitfinex wallet: 1Kr6QSydW9bFQG1mXiPNNNu6WpJGmUa9i1g
Likewise, 4421 were transferred to a Binance wallet 1NDyJtNTjtNTjmwk5xPNhjgAMu4HDHigtobu1s for a period from 21 August to 2 September:
Finally, a smaller amount of only 210 BTCs made it to a Bitmex wallet:
So far there has been no significant market reaction to this sudden move, Bitcoin (BTC) remains stable at a price above $7.2k with bullish trends in 1-day candles.