Satoshi Nakamoto’s Crypto Holdings Fall by $4.9 Billion in 24 Hours

Arkham Intelligence estimates Satoshi Nakamoto holds over 1.09 million BTC; a sharp market drop cut their value by billions without any coin movement.

BTC

Summary

Blockchain analytics firm Arkham Intelligence now attributes roughly 1,096,354 BTC to addresses linked to Satoshi Nakamoto, valuing the stash at about $118 billion after a $4.9 billion decline in one day. The drop mirrors a broader crypto market correction and stems solely from Bitcoin’s price fall, with no sign of movement from the dormant early-mined coins. At Bitcoin’s mid-August peak above $124,000, the holdings were valued near $130 billion, underscoring how volatile headline net worth figures are for large long-unmoved reserves.

Terms & Concepts
  • Satoshi Nakamoto: The pseudonymous creator of Bitcoin, credited with designing its protocol and mining the first blocks in the blockchain.
  • Bitcoin Holdings: The amount of Bitcoin owned by an individual or entity, whose value fluctuates based on the cryptocurrency’s market price.
  • Arkham Intelligence: A blockchain analytics firm that tracks and attributes cryptocurrency addresses to individuals or entities based on on-chain data.