$BTC What would happen if 1 million BTC of Satoshi were sold?

1. Market sentiment will panic

This is an extremely negative event psychologically. Even if there is no actual sale, just a few wallets belonging to Patoshi moving BTC could cause the price to drop sharply within minutes.

Satoshi is seen as a 'sacred' symbol in the community – the silence for 15 years has reinforced long-term trust. If suddenly 'Satoshi returns and unloads', it is a sign that trust has collapsed.

2. Impact on BTC price

Assuming 1 million BTC is gradually sold:

That is nearly 5% of the total maximum Bitcoin supply, and about 10-15% of the current circulating supply.

Just a few hundred thousand BTC sold on the open market could cause the price to drop by tens of percent – quickly.

A large sell-off would put very strong supply pressure on exchanges, driving prices down, triggering stop-loss orders, and could lead to a cascade liquidation.

3. Impact on the broader ecosystem

Bitcoin ETF funds, large institutions, miners, DeFi, and stablecoins backed by BTC could be affected in a chain reaction.

The crypto ecosystem could lose confidence in the short or medium term.

Some people may leave the market if they believe that 'Satoshi has lost faith in his own creation'.

⚠️ But: This has never happened

For 15 years, there has been no solid evidence that Satoshi has ever spent BTC.

Satoshi's absolute silence adds to the 'legend' surrounding him – like a mysterious figure in the modern tech world.