Satoshi Nakamoto's Bitcoin Fortune Nears $100B, Coins Still Untouched
- —Bitquery estimates Satoshi's holdings at 1.17 million BTC; Arkham calculates 1.096 million BTC
- —99.86% of coins in the Patoshi pattern have not moved since 2009–2010
- —The last operation tied to the stash was a transfer to Mike Hearn; no movements since 2017
- —Early coins use P2PK, exposing public keys and creating quantum-computing risk
Why it matters: The dormancy of 1.1 million BTC underpins bitcoin's scarcity narrative but is not a protocol guarantee: any movement would trigger a liquidity shock and force a rethink of institutional risk models.
Source: Crypto Economy