Satoshi Rises to 11th Place in the World's Richest List Thanks to Bitcoin's Uptrend

Uk Jin

Summary

With Bitcoin (BTC) hitting an all-time high of $121,000, Satoshi Nakamoto has risen to 11th place in the global wealth rankings.
Satoshi is reported to hold a total of 1,096,000 Bitcoins, with their value surpassing $131 billion.
For Satoshi to become the world's number one richest person, Bitcoin's price would have to increase by 208% to reach $370,000.

Bitcoin (BTC) reached an all-time high of $121,000 on this day, propelling Bitcoin creator Satoshi Nakamoto to 11th place on the global wealth rankings.

On the 14th (Korean time), cryptocurrency-focused media outlet Cointelegraph reported, analyzing data from Arkham Intelligence, that Satoshi holds a total of 1,096,000 Bitcoins, and the current value of his Bitcoin holdings has surpassed $131 billion.

Based on this, if global wealth rankings are measured, Satoshi would be ranked 11th overall.

Meanwhile, for Satoshi to surpass Elon Musk ($404 billion) and become the world's richest individual, Bitcoin would need to rise 208% from its current price to reach $370,000.

As of 1:09 PM on this day, Bitcoin is trading at $120,703 on Binance, up 2.55% from the previous day.

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