From Oct. 8, 2024 to April 22, 2026, three major projects separately alleged that Peter Todd, Adam Back, or the Hal Finney–Len Sassaman pair could be Satoshi Nakamoto, with each suspect denying the claim. None presented cryptographic verification or any movement of the roughly 1.1 million BTC long linked to Satoshi-era mining. Polymarket contracts tied to a Back confirmation and to Satoshi wallets moving showed 6% and 7% odds, with $14,598 and $3.1 million in volume.

Bitcoin has faced persistent selling pressure over the last week, trading around $73,400. Since January 19, its Realized Cap fell 3.63% from about $1.12 trillion to $1.08 trillion, a $40.847 billion decline, alongside a price slide of over 20% from $92,593. Large wallets holding more than 10,000 BTC reportedly sold about 612,753 BTC between May 11 and May 28, with BTC later quoted near $73,485.

Bitcoin traded mostly flat on Saturday after sliding to about $72,642 on Thursday, then hovering near $73,000—around 11% below its $83,000 peak. CryptoQuant founder Ki Young Ju said on Friday that on-chain conditions still resemble a bearish structure and, based on prior PnL drawdown patterns, the cycle could remain pressured until early 2027. Data cited in the report also points to slowing accumulation among whales and “dolphins,” alongside softer spot activity and weaker inflows into exchange-traded Bitcoin products.

By 30 May 2026, Bitcoin was trading around $74,000, with several indicators suggesting its rebound was losing support. Whale-sized spot activity reportedly thinned after the $80K rejection, aNUPL turned negative again in the mid-$70Ks, and fund holdings fell from about 1.37M BTC to 1.3M BTC after an April peak.

Bitcoin has seen ETF outflows exceed $4.01 billion since May 7, as institutional positioning cooled while spot buyers continued to absorb supply. BTC traded around $73,459 after revisiting the $73,000 support zone, with oversold Stoch RSI readings but bearish Parabolic SAR still overhead. On-chain, the NVT Ratio rose 21.81% to 23.24, adding to signs that the recovery lacks broad participation.

Bitcoin spot ETFs have turned sharply negative in Q2 2026, with May net outflows totaling $2.30 billion and marking the weakest month since November 2025. Santiment said on May 29 that cumulative outflows since May 7 have reached about $4 billion, a pattern its analysts view as historically consistent with contrarian conditions that can form near a market bottom.

Bitcoin briefly moved back into the $74,000 area on May 29 as traders reacted to President Donald Trump's remarks that an Iran deal would require the Strait of Hormuz to reopen for unrestricted traffic. Iran said the agreement was not finalized and disputed parts of Trump's account. With US spot BTC ETF flows and traditional markets quieter over the weekend, BTC traded between $72,500 support and $75,000 resistance as participants watched whether the claim gains traction.

Blockstream CEO Adam Back said on May 30, 2026 that Bitcoin's 200-week moving average (200WMA) moved above $61,000, following a prior update on May 4 when it cleared $60,000. The indicator is widely tracked as a long-term trendline often cited as a divider between bear and bull phases. Separately, Bitcoin hit $72,364 on May 29 after four straight down days, and was last quoted at $73,544, down 0.05% over 24 hours.