Satoshi Nakamoto's Bitcoin Holdings and Their Possible Impact on the Market
It is believed that Satoshi Nakamoto, the anonymous creator of Bitcoin, holds around 1.1 million Bitcoins, which were mined during the early days of the network. These coins have remained unused for over a decade and are stored across several wallets collectively known as "Satoshi's wallets." Today, their value is estimated in the tens of billions of dollars.
If Satoshi ever decided to sell or transfer these holdings, it could cause a significant shock in the cryptocurrency market. First, this move is likely to generate panic among investors, as it could indicate a lack of confidence from the creator of Bitcoin himself. Secondly, the sudden release of such a large amount of Bitcoin could cause a significant drop in price due to oversupply and fear-driven selling.
However, the fact that these coins have never moved is often considered a symbol of trust and decentralization. This reinforces the idea that Bitcoin is not under the control of a single person, not even its creator. As long as these coins remain unused, they are seen as a quiet foundation for belief in Bitcoin's long-term vision
