Markets· ★★★· neutral·

Bitquery: 1.1M BTC link to Satoshi remains circumstantial

  • Bitquery re-analyzed 54,316 early blocks, matching the public Patoshi list 99.2%
  • Estimated holdings range from under 900,000 to about 1.17 million BTC depending on criteria
  • Only 2 of the 12 blocks behind the September 600 BTC move weakly matched Patoshi
  • The analyst cited traces of modern wallet software, meaning keys may have changed hands
Why it matters: Traders watch dormant wallets as a potential source of selling pressure, but no evidence ties them to Satoshi.
Source: Digital Today