Key Takeaways
- Satoshi Nakamoto became one of the richest men in the world, earning $100B worth of Bitcoin.
- Satoshi’s 14-year email reply about stepping away from the Bitcoin community resurfaces.
- Bitcoin continues to thrive as the price aims for a rally towards $100k following a price rally in the last few days.
It’s already the 14th anniversary of Bitcoin creator Satoshi Nakamoto, who created what many today term digital gold, following the recent Bitcoin impressive rally towards $94,700. This marks a strong milestone point for these digital assets.
Satoshi Nakamoto, the creator of Bitcoin, is being praised on the internet following the media’s mention of him as one of the top holders of Bitcoin. This makes him the 15th richest man in the world, with over $100 billion in Bitcoin following its mysterious disappearance in the last 14 years.
In an email sent on April 23, 2011, Satoshi replied that he had moved on from Bitcoin as the development was in good hands. With his mind fixed on other things, he gained the community’s trust, casting away the true identity of who was behind the creation of Bitcoin.
Bitcoin Creator Satoshi Nakamoto Surpasses $100B
According to on-chain data analytics, Satoshi is the largest holder of around 1.1 million BTC, which places him at a high of $103 billion following the price surge of Bitcoin from a region of $74,500 to a high of $94,700.
With Bitcoin’s price expected to continue rallying to new highs in the coming months, Satoshi will become richer, climbing the ladder of wealthy personalities worldwide. However, his identity remains unknown in the crypto world.
To honour Satoshi’s creation, El Salvador created a statue to show respect and admiration for his contribution to creating a world that promotes the easy transfer of wealth from one generation to another through the decentralized use of blockchain.
A key interest for the cryptocurrency space is that a major part of Bitcoin, around 1.1 million Bitcoins, has remained untouched over the years since Satoshi stepped away from the crypto community, as Bitcoin has continued to thrive.
Bitcoin Aims For $100k Following Price Rally
Source – Bitcoin Price Chart From Coinmarketcap
Since the creation of Bitcoin, the price has seen astronomical growth in its ecosystem. It has also gone from a few cents to trading in thousands of dollars as crypto experts and investors believe Bitcoin has more potential to become a digital asset for just the elite while paving the way for decentralized finance.
The past few days have seen the price of Bitcoin gain the attention of many as the price broke out from its bearish price action towards a high of $94,500, as the price could continue its rally towards $100,000
A potential rally above $100,000 could see the price of BTC attempt to reach new highs, as investors and traders are speculating that 2025 will be a key year for Bitcoin’s growth.
