An interesting study by Arkham was recently published — they analyzed who actually owns the largest wealth in the crypto industry. And the results are quite revealing.

In first place, surprisingly, is Bitcoin's creator — Satoshi Nakamoto. His wealth is estimated at around $115 billion. That’s just an astronomical figure, considering that most of this wealth is locked in the blockchain and practically inaccessible. Can you imagine the market impact if even a portion of these assets were to be released?

Second place goes to Justin Sun, the founder of TRON, with a capital of about $1.9 billion. That’s also serious money, but compared to Nakamoto’s wealth — just a drop in the ocean.

What I find most striking about this analysis is the understanding that most of these people cannot simply access their wealth. Many have lost private keys, forgotten passwords, or their wallets are frozen. This creates an interesting situation: officially they are the richest, but in reality, these funds are dead for the market. A kind of cryptographic paradox.

Personally, I believe that Satoshi Nakamoto’s wealth is not so much personal riches as a historical legacy. These coins are part of Bitcoin’s history, and their inaccessibility actually helps maintain deflationary pressure on the network.