A dramatic crash in the cryptocurrency market has wiped out nearly $20 billion from the estimated fortune of Satoshi Nakamoto, the mysterious creator of Bitcoin. The event marked the biggest collapse in crypto history, triggered by a trade war announcement from Donald Trump that rattled global markets and sent shockwaves through the industry. While his digital assets remained inactive for 15 years before the recent downturn, Nakamoto’s wealth is now deeply vulnerable to the volatility and technical advancements of the time.
The October 8th crash saw altcoins plummet as much as 99%, with Bitcoin losing nearly $20,000 in just 48 hours. Despite the chaos, Satoshi Nakamoto himself did not react, leaving his 1.1 million BTC untouched. However, this period of inactivity is seen by many as a silent message on how to deal with the volatility of the market.