Now, the mysterious creator of Bitcoin is on a fortune worth more than $100 billion as the price of cryptocurrency climbs above $94,000 this week.
According to Analytics Platform Arkham, Satoshi Nakamoto was a pseudonymous inventor who disappeared from the public eye more than a decade ago, owning about 1.1 million bitcoins.
Mysterious Billionaire Rankings in the Richest Places in the World
If Satoshi is a public figure today, their net worth will be No. 16 on Forbes’ list of global billionaires. This will allow Bitcoin inventors to place it on top of well-known business figures such as Binance founder Changpeng Zhao and computer tycoon Michael Dell.
These Bitcoin held a value of $120 billion when it fell during the latest market correction period before Bitcoin hit an all-time high in January.
Source: Arkham
For many years, huge wealth has been undisturbed
Perhaps most prominent in Satoshi’s wealth is that he uses very little money. Research shows that an estimated 1.1 million bitcoins in a dormant wallet, actually only 907 BTC was paid.
The exotic mining model closed from the mining area mined from Satoshi in May 2010 on block 54,316 in May 2010. This defined technology signature assists researchers following Satoshi’s early mine work, over 22,000 blocks throughout.
Bitcoin price recovers from five-month low
Bitcoin instantly traded for $94,400 and then settled at a slightly lower price (monthly high). This is the most recent drop to 25% of the first part of the month to $74,400, the lowest since November 2024. As the value of Bitcoin rises, investments in long-term holders have increased again.
Bitcoin price up in the last week. Source: Coingecko
Other major Bitcoin holders get ground
Although Satoshi’s holdings remain the largest single Bitcoin hoard, institutional investors are closing. Bitcoin ETFs now hold almost as much bitcoin as Satoshi, with a total holding value of approximately $100.4 billion.
BlackRock is the leading ETF provider with Bitcoin holdings of $50 billion, followed by Grayscale, which has a box office of $17 billion. Strategy (formerly MicroStrategy) is still accumulating and now holds 538,200 BTC worth nearly $50 billion.
There are many problems with this huge cryptocurrency wealth due to the ongoing absence of Bitcoin founders. Whale Alerts in its analysis said that before he disappeared from the Bitcoin world, the mines on Satoro may have dug up to 1,125,150 BTC. Whether this coin will be moved remains one of the biggest cryptocurrency mysteries.
Traders keep an eye on these sleeping wallets, as any abnormal activity could have a significant impact on Bitcoin prices and can imagine providing information about the whereabouts or identity of Nakamoto Satoshi.
Featured images from Unsplash, charts for TradingView
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