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Cryptocurrency News Articles

Satoshi Nakamoto's Bitcoin Fortune May Exceed $108 Billion, Surpassing Bill Gates' Wealth, with Clues Linking to Canadian Exchanges

Feb 07, 2025 at 05:00 am

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, may possess a fortune that exceeds the wealth of Bill Gates

Satoshi Nakamoto's Bitcoin Fortune May Exceed $108 Billion, Surpassing Bill Gates' Wealth, with Clues Linking to Canadian Exchanges

Coinbase director Conor Grogan has analyzed Bitcoin wallets from Satoshi Nakamoto that participated in numerous transfer transactions since their creation and discovered interesting clues. The analysis reveals that among all recipients, the address connected to CaVirtEx Bitcoin exchange receives the most Bitcoin transfer transactions from Nakamoto. After Kraken acquired CaVirtEx in 2016, experts began speculating that the exchange might hold essential data about Nakamoto's true identity, as any available KYC data maintained by Kraken regarding Nakamoto's wallets could reveal the identity of the prominent Bitcoin creator.

The analysis also shows that Grogan detected Nakamoto's last on-chain activity in 2014. The activity suggests that Nakamoto conducted Bitcoin transactions through one or more Canadian coin exchanges, particularly CaVirtEx. This discovery constitutes an interesting clue that joins other pieces of evidence focusing on Nakamoto's true identity.

The Patoshi mining pattern also plays a crucial role in this investigation, indicating the address cluster that performed the first Bitcoin block mining operations, which ARKHAM platform recently recorded in its archival records. While there is strong evidence to suggest that Nakamoto controls these addresses, the direct connection to him remains unclear. However, all available evidence implies that Nakamoto has ownership of 1 million bitcoins, which currently hold an estimated market value of $108 billion.

Furthermore, the Bitcoin faucets that Nakamoto previously used for receiving free Bitcoin can be linked back to addresses that he utilized throughout his initial activity on Bitcoin. According to the available data, in 2010, Nakamoto sent 500 BTC to a Canadian Bitcoin address. The Bitcoin transaction with Bitcoin faucets serves as valuable information to discover Nakamoto's true identity.

Despite the analysis of important clues and the ongoing investigation, Satoshi Nakamoto's true identity remains unclear. However, further investigation into Bitcoin may reveal crucial details about who made Bitcoin.

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