The discussion about Satoshi Nakamoto, the anonymous creator of Bitcoin, has been a central topic in the crypto market for years. Speculations about his identity and potential wealth have not only attracted media attention but also influence market psychology and thereby investor decisions.
Who is Satoshi Nakamoto?
Satoshi Nakamoto is the pseudonym of the person or group that published the Bitcoin whitepaper in 2008 and launched the Bitcoin network in 2009. To this day, the true identity remains unknown. There are numerous theories and speculations about possible candidates, including well-known figures like Nick Szabo or Craig Wright, but none have been definitively proven.
The Wealth of Satoshi Nakamoto
Estimates suggest that Satoshi holds around 1.1 million Bitcoins from the earliest mining periods of the network. These coins have never been moved and are considered “dormant”. The current value of this wealth fluctuates with the market price. As of July 2025, the estimated fortune at a price of about $117,500 per BTC is around $128 to $129 billion. Should the price rise to significantly higher levels, this wealth could amount to several hundred billion dollars.
Market Relevance: What Does This Mean for Investors?
The mere existence of such a large dormant stock of Bitcoin creates uncertainty in the market. If these coins were suddenly moved or sold, it could trigger a massive price drop. In July 2025, there were significant transactions from so-called “Satoshi wallets”. Such movements regularly lead to increased nervousness among investors and can amplify short-term volatility.
Psychological Effects
The uncertainty about who is behind these huge holdings and whether they could ever be activated shapes the mood in the crypto market. Many investors assume that these coins will never be moved. In times of heightened uncertainty, investors look for alternative investments to diversify risks.
Conclusion
Satoshi Nakamoto remains one of the greatest mysteries of the digital age – both in terms of his identity and his potential wealth. His estimated fortune makes him one of the richest people in the world; with further price increases, he could even become the richest person. For the crypto market, this always represents a Sword of Damocles.