Satoshi Nakamoto's Bitcoin Holdings Drop $4 Billion Amid Market Decline

Satoshi's Holdings and Bitcoin Price

Satoshi Nakamoto's Bitcoin holdings have dropped by over $4 billion in the past four days, according to recent data. The value decreased from $120 billion to nearly $116 billion. Bitcoin's price peaked at $110,474 on May 26 before beginning its decline. Currently, Bitcoin is trading around $105,570, marking a 1.53% drop in the last 24 hours and a 3.9% decrease over the week.

Market Liquidations and Trends

The crypto market experienced significant liquidations, with over $703 million in positions wiped out, primarily from bullish traders. Bitcoin has been on a three-day losing streak, reflecting a broader market cooldown following a surge in April. This downturn has led Bitcoin to its lowest level since May 20.

Inflation and Fed Policy

The personal consumption expenditures (PCE) price index, a key inflation measure, rose only 0.1% in April, bringing the annual inflation rate to 2.1%, the lowest since 2025. This has sparked expectations of a potential Federal Reserve interest rate cut, which could positively impact risk assets. However, the Fed remains cautious, awaiting the long-term effects of trade policies before making any moves.