Bitcoin falls over 30%, causing Satoshi Nakamoto's assets to shrink by 41 billion USD, with net worth dropping below Bill Gates.

Odaily News Due to the fall of Bitcoin prices by over 30% from their historic high at the beginning of October, Satoshi's net worth in Bitcoin has shrunk by $41 billion in just over a month. According to data from Arkham Intelligence, based on wallet tracking believed to be associated, the total Bitcoin holdings have dropped in value from $137 billion over a month ago to $95.8 billion. When Bitcoin prices reached a historic high of $126,080 at the beginning of October, the total assets had reached $137 billion, ranking 11th on the Forbes billionaire list, above Bill Gates. With Bitcoin prices recently falling to around $87,281, his net worth has decreased to $95.8 billion, below Bill Gates ($104.4 billion), dropping to 20th place on the rich list. Crypto experts have identified holdings of about 1.1 million BTC through the Patoshi Pattern (a unique mining pattern in early Bitcoin blocks). Quantum Computing Threat: Some believe that with advancements in quantum computing technology posing a “survival threat” (Q-Day) to the Bitcoin network, the anonymous creator may speak out. Joseph Chalom, co-CEO of SharpLink Gaming, stated that he has a bold idea that in the next five to ten years, when the Bitcoin network needs to undergo “quantum protection,” there may be significant decisions regarding standards and encryption, at which point Satoshi may reappear. (Decrypt)