Satoshi Nakamato, Bitcoin’s mysterious and pseudonymous creator, still holds more than $107 billion worth of BTC, according to the crypto data platform Arkham.
Arkham recently added 22,000 Satoshi addresses to its database, listing total holdings of 1.096 million BTC.
Arkham relies on Sergio Lerner’s Patoshi Pattern theory, which exploits three privacy-related flaws of v.01, an early Bitcoin protocol, to pinpoint blocks that were likely mined by Satoshi.
Lerner’s theory argues that a single miner mined about 22,000 of the early Bitcoin blocks. Lerner also says Satoshi was likely mining during the time, and that there is “evidence that links the Patoshi patterns to Satoshi, based on public information sources and the blockchain.”
Holdings of more than $107 billion would make Nakamoto the 15th-richest person in the world on paper, ahead of Microsoft co-founder Bill Gates, per Forbes’ real-time billionaires list.
Coinbase director Conor Grogan combed through Arkham’s findings and noted that one of the Patoshi addresses received BTC from Cavirtex, a Canadian exchange.
Grogan also notes Cavirtex was bought by Kraken in 2016.
“As such, there is a chance that [Kraken co-founder] Jesse Powell has information on the true identity behind Satoshi, if they maintained any KYC information on this wallet. My advice to him would be to delete the data.”
After Grogan posted his findings on the social media platform X, Kraken’s official account replied “We are all Satoshi.”
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