Satoshi holdings estimate rises to 1.17M BTC, but 99.86% never moved
- —Satoshi holdings estimate rises to 1.17M BTC from about 1.1M
- —1.023M BTC of the reconstructed total had not moved by block 965,051
- —1.096M BTC, or 99.86%, remain unmoved under the older list
- —The 600 BTC moved on Sept. 5 is not tied to Satoshi-mined blocks
Why it matters: Large moves of Satoshi-era coins can spook the market, but the analysis shows nearly all of that supply remains dormant.
Source: TokenPost