YEREVAN (CoinChapter.com) — Patoshi, a figure associated with Bitcoin’s creation, has seen their Bitcoin wealth grow to an estimated $101.3 billion. This figure, based on a holding of 1.1 million BTC, makes Patoshi the 13th wealthiest individual globally.
Patoshi Net Worth vs. World’s Wealthiest Individuals. Source: CryptoQuant Patoshi Bitcoin Holdings: What the Data Reveals
The term Patoshi Bitcoin holdings originates from research on Bitcoin’s early blockchain data. In 2013, researcher Sergio Demian Lerner identified unique mining patterns tied to Satoshi Nakamoto, Bitcoin’s pseudonymous creator. The pattern, called the “Patoshi pattern,” points to deliberate mining behavior designed to protect the early Bitcoin network.
The miner attributed to Patoshi accumulated 1.1 million BTC during 2009 and 2010. This amount accounts for nearly 5% of Bitcoin’s total supply. Unlike other miners, Patoshi’s blocks showed consistent timestamps and nonces, indicating a customized mining process.
Patoshi Mining Pattern Analysis. Source: Sergio Demian Lerner Patoshi Net Worth Places Them Among Global Billionaires
With Bitcoin prices increasing, Patoshi’s wealth has surpassed $100 billion, placing them among the richest individuals in the world. These Bitcoin holdings now exceed the net worth of Jim Walton, Rob Walton, and Michael Dell, with only a few names such as Amancio Ortega and Michael Bloomberg ahead.
Despite the large valuation, this wealth remains theoretical. Selling even a small portion of Patoshi’s 1.1 million BTC holdings could disrupt the cryptocurrency market due to the sheer size of the holding relative to market liquidity. Such a sale would flood the market with Bitcoin, increasing supply and likely causing a sharp drop in prices. Additionally, Patoshi’s long history of inactivity gives these holdings symbolic importance. Any movement could trigger panic among investors, creating uncertainty and further price volatility.
Satoshi Nakamoto Mining: Individual or Group?
The Patoshi mystery remains unsolved. While many believe the mining activity was conducted by Satoshi Nakamoto, some suggest that Patoshi could represent a group rather than a single individual. The consistent behavior of the mining process and lack of movement in these coins support this theory. However, there is no definitive evidence to confirm whether the miner was one person or a collective.
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