Satoshi Nakamoto's holdings fall by $4.9B over the past 24 hours, now at $118B

Key Takeaways

• Satoshi Nakamoto's estimated Bitcoin holdings lost $4.9 billion in value in the last 24 hours, now totaling $118 billion.
• This drop aligns with a recent correction in the cryptocurrency market, highlighting the volatility of crypto assets.

Satoshi Nakamoto’s estimated Bitcoin holdings dropped $4.9 billion over the past 24 hours to $118 billion, affected by cryptocurrency market corrections, according to Arkham Intelligence.

The pseudonymous Bitcoin creator’s wealth now positions them among global billionaires alongside figures like Mukesh Ambani, the Indian conglomerate leader, Michael Bloomberg, the financial information firm founder, and Bill Gates, the Microsoft co-founder.

Blockchain intelligence firms continue tracking the estimated value of Satoshi Nakamoto’s dormant Bitcoin wallets despite no recorded transactions from these addresses since Bitcoin’s early days.