## Bitcoin Price Adjustment Affects Satoshi Asset Scale, Liquidity Shortage Becomes Key

Bitcoin has recently been volatile, retreating from a high of $94,825 on January 5th to a low of $89,583. The lack of trading activity and sufficient liquidity in the market has led to increased price fluctuations. According to the latest data, BTC is currently fluctuating around $96.87, with a 24-hour increase of 1.78%. This adjustment has also directly impacted the asset valuation of early miners.

**Market Logic Behind Satoshi Nakamoto’s Asset Shrinkage**

As the founder of Bitcoin, Satoshi Nakamoto’s controlled crypto asset scale has always been a focus of industry attention. According to blockchain data tracking platform Arkham, the assets under Satoshi’s name, approximately 1.096 million BTC, have fallen below the $10 billion mark. At current prices, the market value of his holdings is about $9.928 billion, down 28.35% from the $13.7 billion high reached in October last year.

In October last year, Bitcoin once broke through the historical high of $126,198, then fell back to around $80,000 by the end of the year, fully reflecting the high volatility of the crypto market. These assets, mined during 2009-2010, are dispersed across more than 22,000 addresses, allowing Satoshi to maintain his position as the world’s richest crypto individual, ranking among the top 20 billionaires on the Bloomberg Wealth Index.

**Tight Market Liquidity Intensifies Price Fluctuations**

Current Bitcoin price movements are closely related to the trends in the US stock market. U.S. labor data shows that non-farm employment increased by only 50,000 in December, well below economists’ expectations of 60,000. This weak data was released on Friday, and Bitcoin remained volatile above $90,000. Insufficient trading volume and lack of arbitrage opportunities have become main features of recent market conditions. Not only Bitcoin, but various tokens also frequently experience rapid reverse fluctuations, causing leveraged traders to suffer losses.

Since late November, Bitcoin has been trading within a set price range, lacking catalysts to push the price upward or downward. The decline in market participation and liquidity has created a vicious cycle, making any small disturbance capable of triggering intense price volatility.