Satoshi Nakamoto's Bitcoin holdings have shrunk by $60 billion, previously valued at over $130 billion
On February 6th, news reports indicate that as Bitcoin prices have retreated from their high levels at the end of 2025, the massive Bitcoin holdings of its mysterious creator, Satoshi Nakamoto, have also significantly decreased in value. Based on current market prices, the approximately 1.1 million Bitcoins attributed to Satoshi are worth about $71 billion, whereas during the peak a few months ago, this figure exceeded $130 billion, with a loss of over $60 billion.
This change is not due to selling activity. On-chain data shows that wallets associated with Satoshi have been in long-term dormancy since around 2010, with no large-scale transfers ever occurring. These addresses are considered "effectively locked," accounting for about 5% of the total Bitcoin supply, and are the largest known single holdings in the market. Because of this, they are viewed as "sleeping Bitcoins" that will not enter circulation, having a long-term impact on market structure.