An analysis has emerged suggesting that the claim of Bitcoin creator Satoshi Nakamoto holding approximately 1.1 million BTC is not based on direct proof of ownership, but rather an estimate derived from patterns found in early mining activities. According to Cointelegraph, researcher Sergio Demian Lerner discovered a unique pattern in early Bitcoin blocks in 2013, appearing from a specific miner, and named it the 'Patoshi pattern'. It is estimated that this miner mined approximately 1.1 million BTC, and based on the fact that some BTC known to have been received by early users from Satoshi are linked to this pattern, the possibility that Patoshi is Satoshi has been raised, but there is no direct evidence to prove this. Blockchain analysis firm Bitquery re-analyzed 54,316 early blocks, and the estimated mining volume of Patoshi varied from less than 900,000 BTC to approximately 1.17 million BTC, depending on the analysis criteria. Therefore, the commonly known 1.1 million BTC is also an estimate, not a confirmed holding. Recently, 600 BTC that had not moved for 16 years were transferred, leading to speculation that it was Satoshi-related volume, but a clear connection with Patoshi's mined volume has not been confirmed. The media explained that with on-chain data alone, it is difficult to confirm whether the early large-scale miner is actually Satoshi, or whether the same person still holds the corresponding private keys.
