The inventor of Bitcoin theoretically ranks 26th on Forbes' list of the world's wealthiest individuals, with a fortune exceeding $51 billion.
As the most significant cryptocurrency on the market, Bitcoin (BTC) has propelled a fortunate few into the billionaire ranks. The most famous among them remains Satoshi Nakamoto, Bitcoin's enigmatic creator. The recent surge in BTC's price to $51,000 has now positioned Nakamoto as the 26th-richest person globally, according to Forbes' real-time billionaire rankings.
A Fortune Worth Over $51 Billion in Bitcoin
On February 14, Bitcoin's market capitalization once again surpassed [$1 trillion](https://fr.cointelegraph.com/news/bitcoin-1-trillion-market-cap) as BTC climbed above $51,000. This rally boosted the net worth of major BTC holders, foremost among them Satoshi Nakamoto.
With an estimated reserve of 1.1 million BTC, Nakamoto's holdings are currently valued at over $51 billion. The Bitcoin creator's fortune has grown by $9 billion in the last two months alone.
This increase now places Satoshi Nakamoto in the 26th position on Forbes' live billionaire tracker. Given Bitcoin's all-time high (ATH) of $69,000, Nakamoto could climb even higher in the rankings.
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A Liquid Fortune with Potentially Devastating Effects
Unlike other billionaires on Forbes' list, Satoshi Nakamoto's wealth is primarily liquid. He could theoretically liquidate his Bitcoin holdings to access the full $51 billion.
However, such a move would have catastrophic effects on Bitcoin's price and the broader cryptocurrency market. Nakamoto's BTC reserves, spread across multiple wallets, have remained untouched for over a decade. The mere suggestion that he might sell—especially in bulk—could send negative ripples through the crypto market.
Nakamoto's rapid ascent in global wealth rankings underscores Bitcoin's growing influence as a financial asset. Yet, the possibility of a large-scale liquidation highlights the market's inherent volatility and complexity.
FAQs
1. Who is Satoshi Nakamoto?
Satoshi Nakamoto is the pseudonymous creator of Bitcoin, whose true identity remains unknown.
2. How much Bitcoin does Satoshi Nakamoto own?
Estimates suggest Nakamoto holds around 1.1 million BTC, worth over $51 billion at current prices.
3. What would happen if Satoshi Nakamoto sold his Bitcoin?
A large-scale sale could drastically lower Bitcoin's price and destabilize the crypto market.
4. Why hasn’t Satoshi Nakamoto moved his Bitcoin?
The coins have remained inactive for over a decade, sparking speculation about Nakamoto's intentions.
5. How does Bitcoin’s price affect Nakamoto’s ranking?
As BTC rises, Nakamoto's net worth—and his position on wealth rankings—increases proportionally.
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6. Could Satoshi Nakamoto ever reveal his identity?
While possible, Nakamoto has maintained anonymity since Bitcoin's inception in 2009.
The rise of Satoshi Nakamoto exemplifies Bitcoin's transformative power—and the delicate balance shaping the crypto ecosystem.