According to the source, market attention has turned to Satoshi Nakamoto’s notional Bitcoin wealth amid recent BTC volatility. source: user-provided social post Independent on-chain research estimates Satoshi mined roughly 1.0–1.1 million BTC via the Patoshi pattern, and no spends from those addresses have been observed since 2010, indicating no realized selling pressure from Satoshi-held coins. source: Sergio Demian Lerner, Bitslog Patoshi research At that scale, each $1,000 move in BTC changes Satoshi’s paper wealth by about $1.0–1.1 billion, and each $10,000 move by about $10–11 billion, based on the above holdings estimate. source: calculation derived from Lerner’s estimate Comparisons to Bill Gates’ wealth depend on real-time figures from the Bloomberg Billionaires Index and equity market moves, not crypto flows, so such headlines should be treated as sentiment signals rather than evidence of on-chain supply changes. source: Bloomberg Billionaires Index; Sergio Demian Lerner, Bitslog Patoshi research Trading takeaway: focus on BTC price action, realized volatility, and any alerts of movement from Patoshi-range addresses; absent on-chain activity, narratives about Satoshi’s wealth reflect price volatility rather than actual selling. source: Sergio Demian Lerner, Bitslog Patoshi research