Bitcoin (BTC) climbed to an all-time high of $126,080 in October 2025. However, the crypto market faced a sharp price correction soon after BTC’s peak. The original cryptocurrency’s price has fallen by nearly 50% since its October all-time high. Along with Bitcoin’s price, its founder, the anonymous Satoshi Nakamoto, has also lost substantial value. According to Arkham data, Nakamoto’s Bitcoin (BTC) wallet has lost $62.64 billion since the asset’s peak.
Does Anyone Control Satoshi Nakamoto’s Bitcoin Wallet?
Nakamoto is probably the most famous person in crypto history. However, no one has ever seen his, her, or their face. No one knows if Nakamoto is one person or a group of people. Some have pointed to Hal Finney, Adam Back, Nick Szabo, etc., as potential candidates behind Nakamoto’s identity.
Also Read: Corporate Bitcoin Dips As Satoshi-Era Wallet Exits After 15 Years
While many have doubts over Nakamoto’s identity, one thing most people agree on is that his wallet is likely not controlled by anyone. Nakamoto’s wallet has about 1.1 million BTC, which has not moved since its inception. Some believe if Nakamoto moves his Bitcoin (BTC) holdings, it could have a negative impact on the asset’s price.
Will BTC Recover Soon?
Bitcoin’s (BTC) downward trajectory began in October 2025, soon after hitting a new peak. Macroeconomic worries, geopolitical tensions, and a liquidity crunch have led to substantial outflows from the crypto market. Moreover, investors took a risk-averse approach to escape the market blood bath.
Bitcoin (BTC) and the larger crypto market will likely not recover until the global economy shows some sign of a reversal. According to CoinCodex analysts, Bitcoin (BTC) could turn green over the coming weeks, hitting $77,392 on March 6, 2026. However, the platform does not expect Bitcoin (BTC) to be able to sustain the $77,000 price level, predicting a correction back to around $67,000 by late May 2026.
