Bitcoin Surges Past $118,000 as Satoshi Nakamoto’s Holdings Reach $129 Billion

On July 11, Bitcoin surged past the $118,000 mark, establishing a new all-time high in the cryptocurrency market. According to data from Akrham on-chain analytics, the pseudonymous creator, Satoshi Nakamoto, retains ownership of roughly 1.096 million bitcoins. This substantial holding is currently valued at approximately $129.38 billion, underscoring the significant influence Nakamoto’s assets have on market capitalization. The milestone reflects robust investor confidence and continued institutional interest in Bitcoin as a leading digital asset.