What would happen if Satoshi Nakamoto dumped all his bitcoins?

If the legendary creator of Bitcoin—Satoshi Nakamoto—suddenly dumped about 1 million bitcoins all at once, the consequences would be absolutely shocking:

Market Crash: Massive sell-off = demand instantly crushed, prices would likely plummet, and the entire market would experience a major earthquake.

Collapse of Faith: Satoshi has always been a symbol of decentralization; if he were to liquidate his holdings, the market could interpret it as "abandoning the project," severely undermining investor confidence.

Security Doubts: Bitcoin's decentralization and security have always been praised, but if the founder sells off, the market will start to question the concentration of wealth, triggering long-term risks.

Reputation Decline: Behind Satoshi is the idea of "financial freedom," and if he were to personally cash out, it would inevitably lead to a reputation crisis, especially for those who hold strong beliefs in the project.

Uncontrolled Volatility: If he sold slowly, the impact might be limited, but if he dumped it all at once—extreme market conditions and panic selling would inevitably unfold.

Conspiracy Theory Frenzy: Such a major event would certainly ignite various new speculations about Satoshi's identity and motives, causing the topic to trend dramatically.