The anonymous creator of Bitcoin $88,214, Satoshi Nakamoto, has been revealed to possess a significant amount of Bitcoin. According to cryptocurrency analytics platform Arkham, Nakamoto’s Bitcoin holdings are estimated at a staggering $107 billion. Blockchain analyses offer new insights into the early days of Bitcoin, reigniting discussions about Nakamoto’s identity and wealth.
Nakamoto’s Bitcoin Holdings and Analysis Findings
Arkham conducted an extensive study by adding 22,000 Bitcoin addresses to its analytical database. It is reported that Nakamoto owns a total of 1,096,000 Bitcoins, with investigations into his mining activities. The research is based on three security vulnerabilities discovered in Bitcoin’s early stages and follows the Patoshi Pattern theory proposed by Bitcoin researcher Sergio Lerner.
According to the Patoshi Pattern, a single miner could have produced about 22,000 blocks, suggesting a specific mining trail. The fact that Nakamoto’s Bitcoins have remained inactive fuels speculation that these assets are still under his control.
Identity Debates and Market Impact
Following the research, identity discussions reignited on social media. After Conor Grogan’s posts, Kraken’s official account expressed, “We are all Satoshi,” intensifying speculation regarding Nakamoto’s identity.
Blockchain data sheds light on the technical details from Bitcoin’s early days. Due to his Bitcoin holdings, Nakamoto is said to be among the 15 richest individuals in the world, surpassing many renowned billionaires according to Forbes data.
Data from Bitcoin’s early period revisits technical flaws in the protocol and its developmental process. This information illuminates the experiences during the initial years of Bitcoin mining. Nakamoto’s wealth and identity continue to be among the most intriguing subjects in the cryptocurrency world.