On-chain analysts estimate Satoshi Nakamoto’s 1.1 million BTC holdings fell from $138 billion to $96 billion after Bitcoin’s 30% drop since October 2024.
Bitcoin’s price decline from an October peak near $126,000 to about $85,500 has reduced the estimated value of coins attributed to its creator, Satoshi Nakamoto, by $41 billion. On-chain analysis using the Patoshi Pattern suggests ownership of 1.1 million BTC, worth roughly $96 billion at current prices, down from $138 billion. These estimates remain debated, as the linked wallets have stayed inactive for years. The decline is a paper loss with no sales reported, lowering Satoshi’s hypothetical ranking in rich lists compiled by observers. Forbes excludes Satoshi due to unverified identity.