Satoshi Nakamoto's Bitcoin wealth shrinks, BTC hovers in liquidity crisis

The millions of BTC assets held by Bitcoin creator Satoshi Nakamoto are under significant pressure. According to the latest market data, the current Bitcoin price is $96.85 (down approximately 23% from the all-time high of $126.08), while the assets in Satoshi’s wallet have shrunk from a peak of $137 billion to around $104 billion.

Based on on-chain data platform Arkham’s tracking, this mysterious founder’s wallet holds approximately 1.096 million Bitcoins, dispersed across more than 22,000 addresses. Since 2010, these wallets have never been activated, making them the most watched “frozen assets” in the crypto market.

Wealth Ranking and Asset Scale

Despite the decline in asset value measured in USD, Satoshi Nakamoto remains the richest holder of crypto assets globally. According to the Bloomberg Billionaires Index, this anonymous founder has entered the list of the top 20 wealthiest people worldwide. His entire wealth comes from early mined Bitcoins acquired between 2009 and 2010. This long-term holding strategy has made him the biggest beneficiary of Bitcoin network development.

Price Fluctuations and Market Pressure

Bitcoin has recently shown weak performance. BTC dropped to $89,583 earlier this week and has declined for four consecutive trading days, continuing the downward trend since the high of $94,825 on January 5. As of the report time, Bitcoin’s price hovers above $90,000, with the overall trend lacking strong support.

Bitcoin is currently fluctuating within a major trading range established since late November last year. Insufficient trading volume and liquidity drying up are prominent issues in the current market, leading to sharp volatility in BTC and altcoin prices. The previous gains have been quickly eroded, causing leveraged traders to suffer significant losses.

Macro Background and Market Response

Weak U.S. labor market data has intensified market pessimism. The latest report from the U.S. Bureau of Labor Statistics shows that non-farm payrolls increased by only 50,000 last month, below economists’ expectations of 60,000, reflecting a slowdown in U.S. economic growth. After the data release, Bitcoin remained above $90,000 but showed little rebound, indicating that cautious investor sentiment is dominating the market.

The core challenges facing Bitcoin now are insufficient market liquidity and declining trading participation, which hinder price discovery mechanisms and further exacerbate volatility.