According to recent data provided by Arkham Intelligence, the portfolio of Satoshi Nakamoto, the mysterious creator of Bitcoin, has plunged by more than $30 billion from a record high.
Earlier today, the leading cryptocurrency slipped to a multi-month low of $74,604 before seeing a minor relief rally.
The cryptocurrency is now down by more than 30% from its all-time peak that was recorded in January.
The cryptocurrency market is getting pummeled alongside other risk-on assets.
The identity of Satoshi remains crypto’s biggest mystery up to this day. As reported by U.Today, Galaxy CEO Mike Novogratz recently said that Satoshi is likely dead.