Pseudonymous Bitcoin creator, Satoshi Nakamoto, has incurred an unrealized loss of over $20 billion due to the recent downturn in the cryptocurrency market. Despite this substantial decline, their holdings remain impressive – exceeding 1 million BTC worth approximately $117.5 billion according to Arkham Intelligence data. This loss comes after a dramatic surge in Bitcoin prices that reached record highs above $126,000 earlier in October before being swiftly wiped out by cascading liquidations in the perpetual futures market. The sell-off triggered by President Trump’s comments about potential new tariffs on China ignited fears of another trade war, leading to over $20 billion in crypto liquidations, marking a historical record for the industry.