{"id":78565,"date":"2026-09-23T17:25:06","date_gmt":"2026-09-23T17:25:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/satoshis-estimated-bitcoin-stash-just-got-bigger\/"},"modified":"2026-09-23T17:25:06","modified_gmt":"2026-09-23T17:25:06","slug":"satoshis-estimated-bitcoin-stash-just-got-bigger","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/satoshis-estimated-bitcoin-stash-just-got-bigger\/","title":{"rendered":"Satoshi\u2019s Estimated Bitcoin Stash Just Got Bigger"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitquery traced 1.17 million BTC to Bitcoin creator Satoshi Nakamoto, making it the largest Patoshi pattern estimate yet.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Even after 17 years, Bitquery says 99.86% of Satoshi\u2019s bitcoin has never moved.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Since 2020, Bitquery researchers found no awakened Satoshi-era BTC movement that passed its test for Satoshi\u2019s coins.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Satoshi-Era Bitcoin Keeps Waking Up, but the Patoshi Coins Stay Silent<\/h2>\n<p>Nearly every day, <a href=\"https:\/\/news.bitcoin.com\/featured\/bitcoin-holders-4500-stash-turns-into-a-51-6m-fortune-37856\/\">so-called sleeping bitcoins move<\/a>\u2014and every so often, Bitcoin produces a ghost story. This happens when a wallet from 2010 or 2011 suddenly moves, and headlines start appearing from newsdesks and across social media.<\/p>\n<p>In the industry, when the mined BTC dates close to the period when Satoshi Nakamoto was mining, it is typically referred to as \u201cSatoshi-era\u201d bitcoin. When stories like these go viral, someone inevitably asks whether Bitcoin\u2019s creator has returned.<\/p>\n<h2>Bitquery Rebuilds Bitcoin\u2019s Most Famous Mining Fingerprint<\/h2>\n<p><a href=\"https:\/\/bitquery.io\/investigations\/satoshi-nakamoto-net-worth\" target=\"_blank\" rel=\"noopener noreferrer\">In a recent report<\/a>, researchers from Bitquery Research decided to reconstruct the so-called Patoshi pattern and graded all 54,316 blocks from Bitcoin\u2019s earliest mining days. \u201cBitquery indexes the complete Bitcoin chain, so instead of quoting the literature we rebuilt the fingerprint from the raw blocks and graded every block of the era by how confident the pattern is,\u201d Bitquery researchers wrote.<\/p>\n<p>The team added:<\/p>\n<blockquote>\n<p>\u201cWe locked that answer, committing its file hash before comparing it with anyone else\u2019s. Then we audited every coin the pattern covers, down to the satoshi (the smallest slice of a bitcoin), as of this month.\u201d<\/p>\n<\/blockquote>\n<p>The report showcases a timeline <a href=\"https:\/\/news.bitcoin.com\/re-mining-simulation-shows-satoshi-used-a-single-high-end-pc-to-mine-1-1m-bitcoin\/\">of historical guesses<\/a> on how much bitcoin (BTC) was mined by Satoshi. Bitquery did not use these research papers as evidence and instead leveraged the team\u2019s own classifier. \u201cReproducing someone\u2019s conclusion by copying their block list proves nothing,\u201d the authors explain. Estimates include Sergio Demian Lerner\u2019s initial 2013 guess of 1 million and a more refined estimate from Lerner\u2019s 2019 report, which upped the ante to 1.10 million.<\/p>\n<figure id=\"attachment_849859\" aria-describedby=\"caption-attachment-849859\" style=\"width:2252px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-849859\" class=\"wp-caption-text\">A screenshot from Bitquery\u2019s report showcases nine estimates. Arkham Intelligence also flags Satoshi coins from the Patoshi pattern at 1096361.52004682 BTC.<\/figcaption><\/figure>\n<p>Alongside this, BitMEX Research\u2019s 2018 estimate was lower, at 0.6 million to 0.7 million BTC, while <a href=\"https:\/\/news.bitcoin.com\/new-satoshi-stash-estimate-claims-creator-mined-10-5b-worth-of-bitcoin\/\">Whale Alert\u2019s 2020 estimate<\/a> stood at 1.13 million BTC, and Jameson Lopp\u2019s 2022 figure came in at 1.10 million BTC. Three other estimates ranged from 0.97 million BTC to 1.11 million BTC.<\/p>\n<p>Bitquery\u2019s conclusion is the largest to date, with 1.17 million total bitcoin tied to Satoshi Nakamoto\u2014nearly $100 billion worth. The researchers further note that 99.86% of this stash has \u201cnever moved.\u201d<\/p>\n<p>\u201cThrough year after year of bull markets, crashes, hacks, forks and repeated waves of \u2018Satoshi is moving\u2019 headlines, the catalogued fortune has not gone anywhere,\u201d the report emphasizes.<\/p>\n<h2>1 Million Bitcoin and 15 Years of Silence<\/h2>\n<p>Crypto proponents know that the pseudonymous Satoshi <a href=\"https:\/\/news.bitcoin.com\/the-many-facts-pointing-to-hal-finney-being-satoshi\/\">sent coins to Hal Finney<\/a> and possibly others before disappearing from the internet in 2011. In its report, Bitquery found only 1,550 BTC that ever left the public Patoshi pattern, and much of that activity happened when the Bitcoin network was still effectively an experiment.<\/p>\n<p>\u201cNothing on that list has moved since December 2017,\u201d Bitquery said, adding that of the other Satoshi-era coins that woke up since 2020, none cleared the bar the researchers set in advance \u201cfor calling a coin Satoshi\u2019s.\u201d<\/p>\n<p>Bitquery wrote:<\/p>\n<blockquote>\n<p>\u201cOur audit of the Patoshi pattern found 1,023,352 BTC that had provably not moved as of block 965,051, on 1 September 2026.\u201d<\/p>\n<\/blockquote>\n<p>Bitquery researchers say the team rigorously tested these grades to ensure its measurement method was completely objective and highly reliable. With this report, there are now 10 total estimates from several analysts <a href=\"https:\/\/news.bitcoin.com\/arkham-intelligence-data-unmasks-satoshis-108-billion-bitcoin-vault\/\">covering the Patoshi pattern<\/a>. Bitcoin\u2019s creator and the lore surrounding Satoshi remain among the project\u2019s most fascinating stories, and to many, Satoshi\u2019s enduring silence is the ultimate proof of Bitcoin\u2019s decentralized, open-source design and the commitment behind it.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/100b-untouched-satoshi-bitcoin-stash-bigger\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitquery traced 1.17 million BTC to Bitcoin creator Satoshi Nakamoto, making it the largest Patoshi pattern estimate yet. Even after 17 years, Bitquery says 99.86% of Satoshi\u2019s bitcoin has never moved. Since 2020, Bitquery researchers found no awakened Satoshi-era BTC movement that passed its test for [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":78566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78565"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78565"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78566"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}