The price of Bitcoin (BTC), which has fallen more than 30% since its record high in early October, has also dragged down the wealth of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. In just over a month, Satoshi’s net worth has dropped by roughly US$41 billion, or around Rp684.5 trillion, causing a decline in his ranking among the world’s richest individuals.

According to Arkham Intelligence data, the Bitcoin holdings believed to belong to Satoshi were previously valued at around US$137 billion. This amount would place him 11th on the Forbes billionaire list.

However, the decline in Bitcoin’s price from its all-time high of US$126,000 in October to US$87,000 as of November 24 reduced his wealth to approximately US$95.8 billion. This places him around the 20th spot among the richest people, below Bill Gates, whose wealth is estimated at about US$104.4 billion.

Satoshi’s Identity Remains a Mystery

Satoshi Nakamoto is the pseudonym used by Bitcoin’s creator since publishing the whitepaper in 2008, as well as in forums and email communications. Despite numerous attempts to uncover his true identity — including an HBO documentary last year — no claim has ever been convincing enough for the public.

Onchain researchers estimate Satoshi’s Bitcoin holdings to be around 1.1 million BTC, based on early mining patterns known as the Patoshi Pattern. This figure closely matches the 1.096 million BTC tracked by Arkham Intelligence. However, Satoshi’s true net worth could differ significantly since no information exists about assets outside Bitcoin.

Debate about the security of Satoshi’s coins has resurfaced as advancements in quantum computing are increasingly seen as a potential existential threat to Bitcoin. Some have even proposed radical ideas such as freezing Satoshi’s coins or implementing a hard fork to strengthen the network’s encryption.

While Satoshi’s identity remains unknown, these developments highlight how heavily Bitcoin’s price volatility influences the wealth of the most enigmatic figure in the crypto space. Regardless of who Satoshi truly is, the impact of Bitcoin’s market movements on the broader narrative and future of digital assets continues to attract global attention.