#BTC120kVs125kToday
The rise in the price of Bitcoin has brought Satoshi Nakamoto's wealth to $130 billion, making him the 11th richest person in the world.
The wealth of Bitcoin's secret creator Satoshi Nakamoto has increased dramatically due to the recent increase in the price of Bitcoin, which has resulted in his wealth being around $130 billion.
According to Arkham Intelligence, Satoshi has around 1.096 million BTC, which is worth $129.23 billion at the current price of Bitcoin.
This amount is more than Michael Dell's $125 billion wealth and less than Sergey Brin's $140 billion wealth, which makes it clear that if Satoshi's wealth is considered liquid, he can be counted as the 11th richest person in the world.
This Bitcoin hoard was mined by Satoshi in the early days of Bitcoin and until now these coins have been No one has spent,
The price of Bitcoin has been hovering around $118,000 in recent days, and there is no indication that Satoshi intends to sell them,
If he were to sell these coins on the market, prices could plummet, leaving most of his wealth in paper form,
Furthermore, anonymous trader apsk32 has reported that Bitcoin could reach $400,000,
This estimate is based on a three-graph model that compares Bitcoin’s market cap with the historical price of gold,
According to this model, Bitcoin’s price follows a specific pattern like gold, and currently Bitcoin could reach $400,000 within a year,
If this happens, it would be a more than 200% increase from current prices, but the market can always be unpredictable,
Overall, this increase in Satoshi Nakamoto’s wealth is The increasing value of the coin and its importance in the world of digital cryptocurrency shows,
However, it is also clear that this wealth is mostly paper and is subject to fluctuations according to market conditions ....
This is news, this is analysis,
It can be wrong and right!
So remember that this is not financial advice,
Like and FOLLOW me for more....