Creator of Bitcoin has lost $60 billion since autumn

Creator of Bitcoin has lost $60 billion since autumn
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The fortune of the anonymous Bitcoin creator, known as Satoshi Nakamoto, has shrunk by more than $60 billion since autumn amid the collapse of the leading cryptocurrency's exchange rate. Exactly four months ago, the coin set a historical record, but since then its price has fallen by almost half.

This is reported by RBC.

The wallets associated with Nakamoto hold approximately 1.1 million bitcoins. According to the analytical platform Arkham at 17:00 Baku time on February 6, they are valued at $72.6 billion. On October 6 of last year, their price reached $135 billion.

On Friday morning, the Bitcoin exchange rate fell to $60,000 for the first time since October 2024. During the day, the asset recovered to $66,000, trading 47% below its all-time high.

There are numerous theories about who might be behind the pseudonym Satoshi Nakamoto, but so far none of them has received irrefutable proof. The creators of the documentary Money Electric: The Bitcoin Mystery, released in October 2024 on the American television channel HBO, named developer Peter Todd as the alleged creator of Bitcoin. Other popular candidates include Hal Finney, Nick Szabo, and Adam Back. All of them deny being Satoshi. There is also a widespread theory that Bitcoin was developed by the CIA.

This news edited with AI

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