Billionaire and Bitcoin creator Satoshi Nakamoto now leads wealth ranks over Bill Gates, boasting a net worth of $116.7 billion, stirring speculation about Elon Musk's potential placement in the elite club.
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So, hips, hips, hooray! The bloke behind Bitcoin's creation - Satoshi Nakamoto - has taken center stage again. Why, you ask? Well, he's just zipped past Bill Gates in the wealth race, boasting over $116.7 billion in Bitcoin holdings!
Sizin' up Satoshi's stones
Arkham's legendary pulse on things points to a wallet they believe belongs to Satoshi Nakamoto, stuffed with a whopping 1.9 million BTC. This rebel yell has contributed substantially to Satoshi's net worth, breaking Gates' dominance!
The price pump of Bitcoin past $106,000 lent a hand, throwing another cool $2.5 billion into Satoshi's kitty in a single day! Meanwhile, Gates' net worth played catch-up at $116.2 billion, dragging him down the list a smidgen.
If the Bitcoin craze continues, Satoshi might soon elbow out heavyweights like Warren Buffett and Meta's Mark Zuckerberg, stepping up his game to become a billionaire behemoth.
Bitcoin's price at play
Given Bitcoin's stronghold above $100,000, there's a growing buzz about Satoshi Nakamoto's potential rise in the global wealth rankings. If this digital marvel reaches the $200,000 mark, Satoshi could rake in a breathtaking $219 billion, potentially taking the second spot on the wealth chart, after Elon Musk only!
Though Satoshi's 1.096 million BTC have never been touched or sold, their staggering value currently stands at a cool $120 billion, making him the 11th richest dude on the planet. For buffing up his net worth to outdo Buffett (whose net worth hovers around $157.5 billion), Bitcoin needs a powerful boost to add at least $37 billion to Satoshi's portfolio.
More moolah for Satoshi?
Despite the veil around Satoshi Nakamoto's actual identity, one thing is evident: his humongous Bitcoin stash is both traceable and forceful. With over 1.1 million BTC in his vault, Satoshi could theoretically outshine almost every billionaire on the planet if Bitcoin hits the $200,000 jackpot, clinching the number two spot in net worth, aerie from Elon Musk.
However, there's a catch. Should Satoshi decide to offload his digital treasure trove, it might lead to a supply shock, potentially causing Bitcoin's price to plunge below $70,000.
Bitcoin's current trading position hangs around $105,014. RSI is dancing above 50, hinting at optimistic trends. But there's a bearish MACD lurking around, suggesting uncertainties and opportunities lurking on the road ahead.
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Sources:1. Forbes2. Mistor/X3. Trading View
- Satoshi Nakamoto, the enigmatic creator of Bitcoin, recently surpassed Bill Gates in terms of wealth due to his immense Bitcoin holdings, estimated to be over 1.9 million BTC.
- As Bitcoin continues its upward trend, reaching prices above $106,000, Satoshi Nakamoto's wealth has significantly increased, currently standing at $116.7 billion.
- If Bitcoin reaches the $200,000 mark, Satoshi Nakamoto could potentially amass a staggering $219 billion and move into the second spot on the global wealth rankings, surpassing notable figures like Warren Buffett and Mark Zuckerberg.
- The current value of Satoshi Nakamoto's unspent Bitcoin is approximately $120 billion, placing him as the 11th richest individual in the world. However, if he decided to sell his holdings, a massive supply shock could potentially cause Bitcoin's price to drop below $70,000.
