Bitcoin reached a record high of $93,495 on Wednesday, propelling its mysterious creator, Satoshi Nakamoto, into the ranks of the world's wealthiest individuals.
Who Is Satoshi Nakamoto?
Satoshi Nakamoto is the pseudonym used by the person or group who:
- Developed Bitcoin
- Authored the Bitcoin whitepaper
- Created and deployed Bitcoin’s original reference implementation
The $90 Billion Bitcoin Fortune
According to Bitcoin historian Pete Rizzo, Satoshi Nakamoto’s estimated holdings of ~1 million BTC (unchanged since creation) now place them as the 19th-richest entity globally at current prices. Key details:
| Metric | Value |
|-----------------------|----------------------|
| Bitcoin Holdings | ~1,000,000 BTC |
| Current BTC Price | $91,311 (as of writing) |
| Estimated Net Worth | ~$90 billion |
👉 Why hasn’t Satoshi moved their Bitcoin?
Bitcoin’s Price Surge: Key Drivers
Recent market movements highlight:
- New ATH: BTC briefly hit $93,495 before retracing.
- ETF Inflows: U.S. Bitcoin ETFs saw $1B+ inflows this week.
- Deribit Data: Heavy betting on BTC surpassing $100,000 via call options.
Expert Predictions
Galaxy Digital CEO Michael Novogratz speculated that a U.S. Bitcoin strategic reserve (though unlikely) could push BTC to $500,000.
FAQs
1. How many Bitcoins does Satoshi Nakamoto own?
Estimates suggest ~1 million BTC, mined in Bitcoin’s early days and never spent.
2. Why is Satoshi’s identity still unknown?
Despite documentaries and claims, Nakamoto’s true identity remains unverified—a deliberate choice to decentralize Bitcoin’s legacy.
3. Could Satoshi’s coins crash the market if sold?
Yes. Moving such a large stash could trigger volatility, but the coins are considered permanently dormant.
Conclusion
With Bitcoin’s meteoric rise, Satoshi Nakamoto’s untouched holdings underscore the cryptocurrency’s transformative potential. While the creator’s anonymity persists, their impact on global finance is undeniable.
For real-time BTC price tracking and analysis, stay tuned to major crypto platforms.
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