Satoshi Nakamoto, the enigmatic creator of Bitcoin, is estimated to hold approximately 1.1 million BTC, valued at over $100 billion as of early 2025 . These holdings have remained untouched since Bitcoin's inception, contributing to the cryptocurrency's decentralized ethos.
Speculation about the potential impact if Satoshi were to sell all his BTC includes:
1. *Market Impact*: A sudden liquidation could lead to a significant price drop, potentially between 20% and 30%, depending on market liquidity and investor reactions .
2. *Investor Sentiment*: Such a move might erode confidence in Bitcoin's stability, leading to broader market volatility.
3. *Regulatory Scrutiny*: Governments might intensify regulations on cryptocurrencies, viewing the event as a systemic risk.
4. *Search for Identity*: The crypto community and global media could intensify efforts to uncover Satoshi's identity, turning it into a major investigative pursuit.
However, given that these coins have remained dormant for over a decade, many believe they are effectively out of circulation, and the likelihood of such a massive sell-off is minimal.