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

1. Market sentiment will panic

This is an extremely negative event in terms of sentiment. 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 – 15 years of silence has helped solidify long-term trust. If suddenly “Satoshi returns and dumps his holdings,” it would be a sign of a collapse in trust.

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 lead to a price drop of tens of percent – rapidly.

A large sell-off will put very strong supply pressure on exchanges, causing prices to plummet, triggering stop-loss orders, and potentially causing a cascade liquidation.

3. Impact on the broader ecosystem

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

The crypto ecosystem could lose trust 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 ever spent BTC.

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