Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune

Satoshi Nakamoto’s Bitcoin holdings dropped nearly $5 billion in a single day, cutting the estimated value of the stash to roughly $118 ￰0￱ Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally According to tracking data that ties thousands of early Bitcoin addresses to the name Satoshi, the decline mirrors a wider pullback in crypto markets this week and reflects the sharp swings in Bitcoin’s ￰1￱ Intelligence Data Reports have disclosed that blockchain analytics firm Arkham Intelligence expanded the set of addresses it attributes to Satoshi and now counts roughly 1,096,354 BTC in those ￰2￱ haul is the basis for the big headline numbers used by media outlets measuring the “value” of Satoshi’s ￰3￱ coins themselves show little sign of movement, and most of the addresses have been inactive for ￰4￱ fall in dollar value does not mean coins changed ￰5￱ only means the market price of Bitcoin fell enough in the past 24 hours to shave about $4.9 billion from the paper worth of those wallets.

Short, sharp swings like this are common in ￰6￱ price trends are what move headline wealth totals more ￰7￱ Dip Hits Even The Biggest Holder Based on reports, the slide happened Thursday as traders reacted to broader selling pressure across the digital-asset ￰8￱ and market feeds tied the drop directly to a correction in Bitcoin’s price, not to any outgoing transfers from the old ￰9￱ detail matters because a sale from a wallet tied to Satoshi would be an event with big market implications; none has been ￰10￱ the recent peak in mid-August, when Bitcoin briefly pushed above $124,000, those same addresses were valued at about $130billion. That comparison shows how volatile headline “net worth” figures can be when they track a fluctuating asset rather than bank accounts or ￰11￱ holdings of Satoshi Nakamoto are often used as a shorthand to show how much value is effectively locked away in early-mined ￰12￱ observers, the point is simple: large sums can vanish from dollar-denominated lists overnight when prices ￰13￱ traders, those moves feed into short-term momentum and ￰14￱ Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start What This Means For Investors For now, the situation is a valuation story more than an operational ￰15￱ highlight that the coins remain largely dormant and that the tally is an estimate built from on-chain patterns linked to early mining ￰16￱ leaves market watchers with two basic facts: the dollar value can swing wildly, and the coins have stayed ￰17￱ image from Vecteezy, chart from TradingView