Home Bitcoin News Bitcoin Blasts Past $108,000 And Satoshi Nakamoto Just Got Richer

Bitcoin Blasts Past $108,000 And Satoshi Nakamoto Just Got Richer

Bitcoin price surge

Bitcoin has just crossed a massive milestone, trading above $108,000 and reigniting excitement across the cryptocurrency world. This dramatic price jump not only thrilled investors and traders but also pushed the mysterious Bitcoin creator, Satoshi Nakamoto, further up the list of the world’s wealthiest individuals.

According to updated data, Satoshi now holds an estimated $116.6 billion worth of Bitcoin. That puts him above tech billionaire and NVIDIA CEO Jensen Huang, giving him the 11th spot in the global rich list—right behind the likes of Warren Buffett and Mark Zuckerberg.

Bitcoin Price Rockets to $108K

In early Wednesday trading, Bitcoin touched a high of $108,050 on Coinbase, marking one of its strongest rallies in recent months. At the time of writing, the cryptocurrency is hovering around $106,361, just 2.4% shy of its all-time high of $109,114 set earlier this year in January.

This surge is being fueled by strong market momentum, institutional interest, and renewed optimism around Bitcoin’s role as a long-term store of value.

Satoshi Nakamoto’s Net Worth Skyrockets

Though no one knows the true identity of Satoshi Nakamoto—the pseudonymous creator of Bitcoin—what’s not a mystery is the value of the coins believed to be under his control.

Satoshi is widely believed to hold 1.1 million BTC, which hasn’t moved from its wallets since Bitcoin’s creation. At today’s prices, that stash is worth around $116.6 billion, according to blockchain intelligence firm Arkham.

That staggering wealth puts Satoshi ahead of high-profile billionaires and brings him closer to becoming one of the top 10 richest people in the world—despite having been entirely silent since 2011.

Bitcoin Options Market Sees Bullish Bets

The excitement doesn’t stop there. According to Bloomberg, Bitcoin options traders are placing bold bets on even higher price targets. Open interest on the Deribit exchange shows strong demand for call options with strike prices at $110,000 and even $300,000, set to expire on June 27.

This means many traders are confident Bitcoin could reach or exceed those levels in the coming weeks.

In fact, contracts expiring on June 27 now hold the highest open interest on Deribit. Most of the recent activity has centered around strike prices above $110,000, suggesting a major bullish sentiment among professional and retail investors alike.

Binance Futures Sees Massive Buy Wall

Adding fuel to the fire, Binance Futures, one of the largest crypto derivatives exchanges, has a significant buy order wall at $105,800, worth around $114.7 million or 1,100 BTC. These large orders often act as strong support levels, preventing price dips and encouraging upward movement.

The presence of such a massive wall at current levels indicates that big players are confident Bitcoin won’t drop below that threshold anytime soon.

How This Rally Affects the Broader Market

The sharp rise in Bitcoin prices doesn’t just affect BTC holders—it has a ripple effect across the entire cryptocurrency ecosystem. As Bitcoin climbs, investor confidence often spills into altcoins, resulting in broader market gains.

This recent rally could also help boost the profiles of other assets like Ethereum, Solana, and XRP, all of which have shown resilience in the face of recent market corrections.

What’s Driving the Bitcoin Bull Run?

Several factors are contributing to Bitcoin’s latest rally:

  • Institutional investment: ETFs and large funds have increased their exposure to Bitcoin in 2025, signaling growing confidence from traditional finance.

  • Global uncertainty: As inflation and geopolitical tensions remain high, investors are turning to Bitcoin as a hedge.

  • Scarcity effect: With the Bitcoin halving completed earlier this year, the available supply has tightened, pushing prices up.

  • Retail comeback: New users are entering the crypto market, bringing fresh demand and activity.

All these elements have combined to create the perfect environment for a bull run.

Will Bitcoin Hit a New All-Time High?

With Bitcoin just a few percentage points away from its all-time high, traders are watching closely for a breakout. If BTC manages to stay above the $105,000 support and breaks the $109,114 resistance, a fresh all-time high could be imminent.

Market analysts suggest that if momentum continues, the next logical target could be $118,000, with some even predicting $150,000 or higher before the end of 2025.

Satoshi’s Mysterious Legacy Grows Stronger

Satoshi Nakamoto’s influence has never been more powerful. Though he has not been heard from in over a decade, the system he created is now worth over $2 trillion. His untouched Bitcoin fortune continues to climb in value, turning him into one of the wealthiest and most enigmatic figures in history.

What’s truly fascinating is that Satoshi’s wealth is entirely passive—he has never spent a single Bitcoin from his wallet. This has further elevated his status in the crypto community, where he’s often referred to as a legend or even a myth.

Final Thoughts: A Turning Point for Bitcoin?

Bitcoin’s climb to $108,000 could mark the beginning of a new chapter for crypto markets. With Satoshi’s net worth rising, institutional investors making big bets, and trading activity heating up, all eyes are now on Bitcoin’s next move.

Will it break its all-time high and reach $120,000 or more? Or will it face another round of consolidation before making its next leap?

Either way, one thing is certain: Bitcoin is once again capturing the world’s attention—and Satoshi Nakamoto remains the silent giant behind it all.

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Evie Vavasseur

Evie is a blogger by choice. She loves to discover the world around her. She likes to share her discoveries, experiences and express herself through her blogs.

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