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The blockchain analytics firm Arkham Intelligence made a major discovery on Tuesday—it has identified the Bitcoin (BTC) wallets belonging to Satoshi Nakamoto, the mysterious creator of Bitcoin.
According to Arkham’s latest investigation, Satoshi owns an astonishing 1,096,354 BTC, which equates to an astronomical value of approximately $108 billion. The analysis is based on a unique mining pattern from Bitcoin’s early days.
The Impact of the Revelation
These newly uncovered data shed fresh light on Nakamoto’s financial influence within the Bitcoin ecosystem.
While Satoshi’s wallets have been known for years, the exact amount of BTC he mined has always been a topic of speculation.
The Arkham Intelligence analysis now appears to confirm the full extent of Satoshi’s Bitcoin holdings from the early mining period.
How Was This Determined?
Arkham Intelligence identified 22,000 additional Bitcoin addresses linked to Satoshi. This was achieved through the analysis of a distinctive mining pattern in the Bitcoin blockchain, known as the Patoshi Pattern.
Originally documented in 2013 by cryptographer Sergio Demian Lerner, this pattern indicates a highly coordinated mining strategy, distinct from conventional mining methods.
Satoshi’s Wealth: Dormant but Powerful
One of the most remarkable aspects of this discovery is that, aside from a single transaction, none of Satoshi’s BTC have ever been moved.
This makes Nakamoto’s holdings one of the largest dormant Bitcoin reserves in the world.
Meanwhile, major institutions and exchanges such as Coinbase, Binance, and BlackRock are accumulating substantial amounts of BTC. Coinbase holds 877,875 BTC ($88.05B), Binance controls 617,722 BTC ($61.96B), and BlackRock now owns 573,193 BTC ($57.49B).
The growing involvement of financial giants like BlackRock and Fidelity Custody highlights institutional confidence in Bitcoin. However, Nakamoto’s untouched supply remains a mystery, with many wondering what would happen if these coins ever entered circulation.
What Would Happen if These Coins Were Moved?
The central question remains: what happens if Satoshi’s Bitcoin is ever activated?
However, there is little evidence to suggest that Satoshi’s BTC will ever move. Since Bitcoin’s creation in 2009, there have been no signs of activity in Nakamoto’s wallets.
Additionally, Satoshi’s true identity remains unknown, fueling speculation about his possible death or permanent disappearance.
Enhancing Bitcoin Transparency
The identification of Satoshi’s wallets contributes to greater transparency within the Bitcoin ecosystem.
By publicly disclosing these addresses, scammers can no longer falsely claim ownership of Satoshi’s Bitcoin.
While this discovery does not directly impact Bitcoin’s price, it reinforces the idea of Bitcoin as the most transparent financial network in the world.
Thanks to blockchain analysis, it is possible to precisely track where and how Bitcoin moves within the system—a level of transparency that traditional financial systems cannot match.
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