Ah, the crypto market-where fortunes are made and lost faster than a sneeze in a windstorm. It seems that even the mighty Satoshi Nakamoto isn’t immune to the whims of market corrections. In fact, his Bitcoin holdings have plummeted by a staggering $5 billion in a single day. And no, he didn’t even need to lift a finger. Talk about a bad day at the office, huh? 😬
The man (or woman, or alien, who knows?) hasn’t moved a single coin in 15 years. Yes, you read that right-15 years. And yet, despite staying as silent as a monk, his holdings still took a nosedive. The value of the Bitcoins in those wallets dropped to a “modest” $117 billion, according to Arkam Intelligence. Oh, the humanity. 😶
We’ve always known that Satoshi supposedly controls around 1.1 million BTC, scattered across a bunch of wallets, like breadcrumbs leading nowhere. These wallets have remained untouched for over a decade. At Bitcoin’s recent highs, those wallets were worth over $122 billion. But, as we know, crypto is the market equivalent of a rollercoaster ride with no seatbelts.
Satoshi-Still the King of Bitcoin
Despite the recent market massacre, Satoshi remains the undisputed king of Bitcoin. His ancient, untouched Bitcoin wallets play a crucial role in Bitcoin’s price and scarcity. It’s like having a treasure chest locked away, but we all know where it is. Current estimates suggest that anywhere between 3 and 4 million BTC are permanently lost, thanks to owners forgetting their keys, passwords, or just plain not caring anymore. That’s about 14% to 19% of Bitcoin’s total supply. Oh, the joys of digital amnesia. 🧠
But none of this comes close to Satoshi’s enormous stash. Even with the current dip, he still holds more than 5% of Bitcoin’s supply. To put it mildly, no one else comes close. The second-largest holder? That’d be Michael Saylor’s Strategy, with a “modest” 640,808 BTC-just about 3% of the total supply. A drop in the ocean compared to Satoshi’s mountain.
And here’s the kicker: Satoshi hasn’t sold or transferred a single Bitcoin in 15 years. What a tease. 😏 If he ever decided to sell, well, hold onto your hats, because Bitcoin’s price would feel it immediately. Imagine the chaos. Or the riches, depending on which side of the trade you’re on.
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2025-10-30 22:54