Coinbase Director: Satoshi May Own $108B in Bitcoin

• Satoshi Nakamoto’s BTC holdings are estimated at 1.096 million BTC ($108B).
• 24 recorded transfers from suspected Satoshi addresses link to CaVirtEx, later acquired by Kraken.
• Last known on-chain activity dates back to 2014, raising speculation about Satoshi’s involvement.

Coinbase director Conor Grogan has estimated that Bitcoin’s anonymous creator, Satoshi Nakamoto, may own 1.096 million BTC, making him worth approximately $108 billion at current prices. If true, Satoshi’s paper wealth would exceed that of Bill Gates, placing him among the world’s richest individuals.

Despite Satoshi’s massive holdings, these Bitcoins have never been moved, reinforcing the mystery surrounding Bitcoin’s founder.

Could Kraken Hold Clues to Satoshi’s Identity?

Grogan also revealed that 24 transactions from suspected Satoshi-linked addresses were sent to a Canadian exchange, CaVirtEx. Interestingly, CaVirtEx was acquired by Kraken in 2016, meaning that Kraken may have access to transactional data that could provide insights into Satoshi’s identity.

However, Kraken has never confirmed any connection, and the transactions remain shrouded in mystery.

Satoshi’s Last Known Activity: 2014

The last on-chain activity linked to Satoshi Nakamoto reportedly took place in 2014, sparking debates about whether Bitcoin’s founder is still active in the crypto space—or if he has permanently disappeared.

While speculation about Satoshi’s identity continues, one thing remains certain: his Bitcoin remains untouched, preserving the decentralized ethos of the network he created.