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Dormant 1.1M BTC mined by Patoshi, likely Satoshi, worth $115B, could trigger biggest crypto liquidation if moved.

Market News
02 May 2026
Blockonomi
Neutral
pluang ai news

Researcher Sergio Lerner identified the Patoshi pattern, revealing that a single miner, likely Bitcoin creator Satoshi Nakamoto, mined about 1.1 million BTC in 2009. This stash, worth over $115 billion today, has remained untouched for 16 years. Patoshi deliberately limited mining power to support network growth and stopped mining by 2010. If these coins ever move, it would cause the largest single asset liquidation in crypto history, impacting Bitcoin's market supply and price significantly.

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