The price of Bitcoin has plummeted from a one-and-a-half-month high of $126,000 to $81,000, and the death of "Bitcoin creator" Satoshi Nakamoto
It was also reported that approximately $46.3 billion in value was lost from a wallet believed to be held by a cryptocurrency investor, Yahoo! Inc. (Yahoo!), a blockchain data analysis company, announced on the 22nd (local time) that the value of the wallet had disappeared.
According to the published data, the value of Bitcoin in wallets believed to belong to Satoshi Nakamoto has plummeted from around $137 billion at the start of last month to $90.7 billion.
Satoshi Nakamoto's true identity is still unknown, but blockchain analysts have pointed out that he is believed to have carried out initial mining in 2009 and that his assets have not moved for over 15 years.
Based on the fact that the wallet is not properly secured, it is believed to belong to Nakamoto. The amount of Bitcoin held is publicly available on the blockchain, and can be verified by anyone.
Bitcoin prices fell to $81,000 on the 21st, the lowest price in 46 days since surpassing $106,000 on the 7th of last month.
In particular, the downward trend has continued since the beginning of this month, and the gains made this year have been almost entirely wiped out.
In addition to these factors, a decline in demand for Bitcoin itself has also been pointed out. Until now, when Bitcoin fell, it was customary for there to be buying support, but now those buying orders are thinning.
For example, Metaplanet, a major Bitcoin holder, has not made any additional purchases since September of last year.
Furthermore, the US Bitcoin spot ETF also traded between the 12th and 20th of last month.
All days except one recorded net outflows, indicating that institutional investors' funds are leaving the market.
2025/11/25 12:17 KST
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