Satoshi Nakamoto, the mysterious inventor of Bitcoin, holds over 1 million BTC, valued at $117.5 billion. The portfolio peaked at $136 billion during Bitcoin’s recent rally to over $126,000 before dropping. Meanwhile, a market crash on October 8 caused $20 billion in liquidations, with altcoin values plummeting by over 99%.

The market crash on October 8 is seen as a temporary setback with no long-term implications by investment analysts. Factors contributing to the crash include excessive leverage, thin market liquidity, and a social media post from President Trump. Analysts remain bullish on crypto, expecting a trade deal and highlighting the macroeconomic shift.

Bitcoin’s all-time high coincided with the US dollar’s weakest year since 1973, pointing to a significant macroeconomic trend. Risk-on asset prices are rising alongside store-of-value assets like gold and Bitcoin, unusual as these asset classes typically move inversely. This adds credibility to the analysts’ macroeconomic outlook.

Read more at Cointelegraph: Satoshi’s BTC Stash Loses $20 Billion in Value Following Market Crash