Bitcoin’s recent rally has pushed the estimated value of Satoshi Nakamoto’s Bitcoin holdings to $120 billion, making the pseudonymous creator of the cryptocurrency the 11th richest person globally, according to blockchain analytics firm Arkham Intelligence.
Bitcoin recently reached an all-time high of $112,000 before stabilizing near $110,000, based on data from CoinMarketCap. Nakamoto is believed to control approximately 1.96 million BTC stored across dozens of wallets that have remained inactive since 2011.
Dormant Wallets Attract Attention
Arkham Intelligence reported on X that the wallets linked to Nakamoto had shown no movement over the past 14 years. The assets, representing about 5.2% of Bitcoin’s total supply, have not been transferred or sold since Nakamoto disappeared from public communication.
These dormant funds have long been a subject of speculation due to their potential influence on Bitcoin’s market. Analysts warn that any attempt to liquidate even a portion of these holdings could significantly affect the asset’s price and investor sentiment.
Identity Still Unconfirmed
Despite years of investigation and debate, Nakamoto’s identity remains unknown. Various theories have pointed to early Bitcoin contributors, including Hal Finney and Nick Szabo, but no conclusive evidence has emerged. The anonymity surrounding Nakamoto has only added to market caution regarding the coins’ status.
Industry observers remain attentive to any blockchain movement related to these wallets. While many believe the assets may never be accessed again, the sheer volume ensures that Nakamoto’s presence—whether active or not—remains a factor in market dynamics.
Satoshi Nakamoto’s Bitcoin Holdings Market Impact Remains Theoretical
Although Nakamoto’s theoretical wealth ranks among the highest in the world, its impact remains dormant so long as the coins are not moved or sold. The broader Bitcoin community has often treated these funds as effectively out of circulation.
Bitcoin’s price momentum has been driven by increased institutional adoption, macroeconomic trends, and renewed investor interest in digital assets. While Nakamoto’s role remains passive, the existence of these wallets continues to be closely monitored by analysts and investors alike.
