Bitcoin Founder Satoshi Lost $20 Billion in Market Crash

Satoshi Nakamoto 's fortune fell by $20 billion in 10 days , as the market plunge sent Bitcoin to $103,856 .

However, Satoshi is still one of the richest people in the world, ranking above Alice Walton and Michael Bloomberg in terms of wealth, according to Arkham Intelligence .

Nakamoto still owns Bitcoin worth more than $117 billion
According to Arkham Intelligence , Satoshi Nakamoto owns more than 1 million BTC worth about $117.5 billion , down from $136 billion when the price peaked at $126,000.

The wallets associated with him have never been active, fueling speculation that Satoshi may have lost his private keys or is no longer alive.

Bitcoin prices fell sharply due to escalating US-China tensions after Trump imposed 100% tariffs on imports from China, causing investors to sell off risky assets.

The market recorded $20 billion in liquidations in less than a day , a record in crypto history; many altcoins lost more than 99% of their value , while Bitcoin remained around $100,000.

From October 10–11 , over $19.3 billion in leveraged positions were liquidated , the largest event in crypto history; of which $711 million were buy orders and $308 million were sell orders.
The decline was amplified by weak trading and panic among retail investors , although the market later stabilized.

According to The Kobeissi Letter , this crash is just a short-term technical adjustment, does not reflect long-term structural problems, and hopes for a trade deal to be reached soon.