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The Satoshi era wallet that moved $8 billion in Bitcoin was probably a security upgrade,

and Drake's latest song features Bitcoin.

You're watching Coin Desk Daily.

I'm your host, Jen Sanassi.

Over the weekend, everyone was talking about the long-dormant Satoshi-era wallet that moved over

$8 billion worth of Bitcoin last week, and now on-chain analytics firm Arkham says the move

could be the result of a wallet security upgrade.

Arkham posted on X that the funds were moved to modern BC1Q style addresses,

a more secure and efficient format than the older Legacy 1 prefix addresses.

The funds remained untouched and the firm added that there is no evidence the whale is selling any of the Bitcoin.

Tesla CEO Elon Musk plans to form a pro-tech centrist party called the America Party.

That's following his recent feud with U.S. President Donald Trump and his criticism against

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