U.Today - Satoshi Nakamoto is back in the billionaire club, 10 digits deep to be exact. According to Arkham, the anonymous creator of Bitcoin (BTC) is now again sitting on a crypto fortune worth over $102 billion, as BTC prices crossed $93,000 this week.
This milestone aligns with a restarted bull trend in the crypto market, as Bitcoin continues to crush resistance after resistance with the price increasing by over 5% in just the past 24 hours. Since April 14, though, it’s 12% already, and we are talking about the asset with $1.85 trillion market capitalization.
The holdings in question — roughly 1.096 million BTC — have not moved in over a decade. They trace back to a specific set of early mined blocks known in blockchain circles as the "Patoshi Pattern." These early blocks, mined between January and May of 2009, exhibit a unique non-overlapping nonce pattern and consistent block intervals, suggesting they were likely mined by a single individual or entity.
The pattern also includes the only confirmed addresses from which Nakamoto ever moved Bitcoin, a single transaction in 2009. Since then, the holdings have remained untouched. So, these aren’t just any wallets; they are believed to be the only ones directly linked to Nakamoto, based on mining behavior.
If Satoshi Nakamoto did not disappear 14 years ago and was a public figure, then the current net worth would allow the Bitcoin creator to take the 16th spot in Forbes’ list of richest people on Earth, outpacing Nvidia (NASDAQ: NVDA )’s Jensen Huang and the Koch family for example. But would Bitcoin be where it is now if Satoshi was a public figure is an open question.
This article was originally published on U.Today