TL;DR
- The value of Satoshi Nakamoto’s holdings fell from $137B to $95B following Bitcoin’s correction, generating over $43B in unrealized losses.
- The decline affected the entire crypto wealth ecosystem: 17 new billionaires and 254 centimillionaires saw their fortunes shrink by more than 30%.
- The concentration of wealth in BTC also affects politics, although prolonged corrections could limit this influence.
The value of Satoshi Nakamoto’s holdings, estimated at 1.096 million Bitcoins, dropped from $137B to $95B, resulting in over $43B in unrealized losses.
At this level, Nakamoto ranks as the 18th richest person in the world, just above Mukesh Ambani ($92.5B) and below Michael Dell ($97B). The decline stems from Bitcoin’s price correction from its $126K peak to the current $89K, a drop of over 30% in just a few weeks.
BTC’s collapse comes after a year of extreme wealth creation in the crypto ecosystem. From the $16K lows during the 2022 crypto winter, the price rose more than 400%, producing 241,000 crypto millionaires by mid-2025. Over 145,000 of them attributed their wealth directly to Bitcoin.
Bitcoin Dropped 30% and Pulled Down the Wealth of Several Billionaires
Among them, 17 reached billionaire status and 254 became centimillionaires solely by holding BTC. However, the decline over the past month and a half cut the wealth of many of these investors by 30% or more, highlighting the extreme volatility characteristic of the crypto market.
Wealth concentrated in BTC also influences politics. Investors such as the Winklevoss twins increased their contributions to support pro-crypto lawmakers in the U.S. midterm elections. Their goal is to protect their interests as crypto industry regulations evolve. However, critics like Peter Schiff warn that an extended correction could limit crypto donors’ influence in Congress, affecting political pressure and legislative decisions.
From a market perspective, Glassnode identifies key reference levels: the True Market Mean ($81.3K) and the Realized Price ($56K). Bitcoin’s recovery will depend on macroeconomic stability, global liquidity, and the behavior of other risk assets.
Even the largest crypto fortunes are exposed to volatility, and BTC holdings can experience sudden adjustments, directly impacting personal wealth, institutional investment, and influence over the global crypto industry
