Bitcoin’s enigmatic creator, Satoshi Nakamoto, may still control a staggering fortune in BTC, with estimates placing the holdings at over $107 billion, according to blockchain analytics firm Arkham.
Researchers at Arkham have traced roughly 1.096 million BTC to around 22,000 addresses believed to be linked to Nakamoto. Their conclusions stem from the “Patoshi Pattern” theory, a method developed by Sergio Lerner that analyzes irregularities in Bitcoin’s earliest mining activity.
By identifying flaws in the original Bitcoin v.01 protocol, Lerner’s research suggests that a single entity—likely Nakamoto—was responsible for mining a significant portion of Bitcoin’s first blocks.
If these holdings were ever accessed or sold, Nakamoto would rank among the wealthiest individuals in the world, even surpassing tech moguls such as Bill Gates, based on current valuations.
Bitcoin is no longer the speculative playground it once was, according to Bitwise CIO Matt Hougan.
After more than a decade of silence, two early Bitcoin wallets have suddenly sprung to life, moving thousands of BTC in a move that caught the attention of blockchain analysts and traders alike.
After briefly breaching $97,000, Bitcoin has slipped to around $94,000, retreating from the $98,000 resistance zone as traders brace for potential volatility tied to upcoming macroeconomic announcements.
As countries around the world move faster to integrate digital assets into their financial systems, the United States is keeping Bitcoin at arm’s length—especially when it comes to the idea of holding it in national reserves.