– Bitcoin holdings drop cuts Satoshi’s stash to $118 billion – Arkham Intelligence expands addresses attributed to Satoshi – Market dip affects largest Bitcoin holder, no coin movement detected – Volatility in Bitcoin prices impacts headline net worth estimates
Satoshi Nakamoto's Bitcoin holdings decreased by nearly $5 billion in a day, reducing the estimated value to approximately $118 billion. This decline reflects a broader cryptocurrency market pullback and sharp Bitcoin price swings.
Arkham Intelligence Data
- Arkham Intelligence has expanded the set of addresses attributed to Satoshi, totaling about 1,096,354 BTC.
- The drop in dollar value is due to Bitcoin's market price fall, not coin transfers from these addresses.
- Most of the addresses have been inactive for years.
Market Dip Hits Even The Biggest Holder
- The decline occurred as traders responded to selling pressure across digital assets, linked to Bitcoin's price correction.
- No outgoing transfers from Satoshi-linked wallets were reported.
- Previous peak valuations in mid-August saw these holdings valued at about $130 billion.
This volatility demonstrates how fluctuating asset prices can impact perceived net worth significantly. Despite the swings, the coins remain dormant, highlighting that valuation changes do not equate to operational movements.