2 hours ago
Satoshi's Bitcoin stash declined by over $20B from all-time high amid crash
The recent market crash that caused some cryptocurrencies to lose up to 99% of their value also dealt a significant hit to Satoshi's wallets.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the all-time high price of over $126,000 reached in early October.
Nakamoto’s Bitcoin stash contains over 1 million BTC, valued at over $117.5 billion at the time of this writing, according to data from Arkham Intelligence.
The portfolio swelled to over $136 billion during Bitcoin’s rally to new all-time highs of over $126,000 during the first week of October.
Source: Cointelegraph →Related News
- 4 hours ago
Roman Storm asks DeFi devs: Can you be sure DOJ won't charge you?
- 6 hours ago
Stablecoins are really 'central business digital currencies' — VC
- 9 hours ago
Can Bitcoin recover as gold plunges from record highs? Analysts weigh in
- 10 hours ago
Crypto Biz: 'Sound money' meets a sound beating as Binance pledges ba...
- 10 hours ago
Bitcoin price ‘lines up nicely’ for $95K drop next despite bullish RSI data