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![Hodl_fm Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1610518794958508032.png) HodlFM Team [@Hodl_fm](/creator/twitter/Hodl_fm) on x 5307 followers
Created: 2025-07-16 13:46:00 UTC

🚨 The mystery whale with 80K $BTC is Adam Back, the man HBO’s documentary proclaimed as Satoshi Nakamoto.

Here’s what he did:

- Sold 40K $BTC through Galaxy Digital
- Deposited 30K $BTC in exchange for equity in Cantor, an investment firm founded by Lutnick, former U.S. Secretary of Commerce

After HBO put a Satoshi-sized target on his back, Adam Back likely realized walking around with $4B in $BTC wasn’t exactly safe.

By selling and converting a portion into equity with ties to a high-level U.S. political figure, he both legalized his wealth and built a protective structure around it.

Now, he can say:
“I no longer hold those $BTC"

![](https://pbs.twimg.com/media/Gv-xu6OWMAAqxGY.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945480036456202366/c:line.svg)

**Related Topics**
[$4b](/topic/$4b)
[investment](/topic/investment)
[satoshi](/topic/satoshi)
[$btc](/topic/$btc)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/Hodl_fm/status/1945480036456202366)