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.
