Satoshi, the mysterious creator of #Bitcoin, is believed to hold around 1.1 million $BTC — untouched since the early days of the network.
At today’s price of $118,000 per $BTC , that’s over $130 billion just sitting idle.
Here’s what you should know 👇
🔒 Dormant Since 2009
These coins were mined in Bitcoin’s infancy. Despite market booms, crashes, and speculation, not a single satoshi has moved from Satoshi’s known wallets.
📉 What if they sold?
A sudden dump of 1.1M BTC could destroy market confidence and trigger a cascade of liquidations. Price could crash 50% or more, even in a deep liquidity market.
📈 But if they never do...
Those coins effectively become permanently out of circulation. That’s like burning 5.6% of all BTC — a long-term bullish supply shock.
👻 Still no identity
Is Satoshi a person, a group, or already gone? No one knows. And that might be a feature, not a bug.
Satoshi’s untouched coins are a paradox: both a threat and a promise. The largest bagholder in crypto history remains completely silent.
#satoshiNakamato #BTC #BinanceSquareTalks
