Bitcoin Plunge Cuts Satoshi’s Wealth to $95.8B, Erasing $41B
Bitcoin price drop has shaved $41 billion off Satoshi Nakamoto’s fortune in one month, cutting his net worth from $137 billion in October to $95.8 billion in November, Arkham Intelligence data shows. The decline knocked Satoshi from 11th to 20th on the Forbes billionaire list, placing him below Bill Gates. This correction reflects broader crypto market weakness, driven by profit-taking, stop-loss cascades and shifting macroeconomic risks. The episode underscores Bitcoin market volatility but leaves supply dynamics unchanged. Long-term investors view the dip as a buying opportunity, while traders should apply risk management, diversify portfolios, and brace for further swings. Historical recovery patterns after Bitcoin price drops suggest potential upside, but each correction demands careful entry strategies to optimize resilience.
Bullish
While the Bitcoin price drop to levels wiping $41 billion from Satoshi Nakamoto’s net worth underscores short-term selling pressure and heightened volatility, historical recovery patterns and unchanged supply fundamentals support a broader bullish outlook. In the short term, profit-taking and stop-loss cascades may prolong downward swings, prompting traders to tighten risk controls. However, long-term investors typically capitalise on such corrections as buying opportunities, which can stabilize demand at lower price levels and fuel subsequent rallies. Combined, these dynamics suggest that, despite near-term volatility, the news ultimately reinforces confidence in Bitcoin’s recovery potential, favoring a bullish stance.