Satoshi Hits $43 Billion Loss as Bitcoin Losing Streak Climbs 4 Weeks 📈
The bears are absolutely feasting right now as Bitcoin's been bleeding red for four straight weeks, its longest losing streak since mid-2024. Elsewhere, the entire crypto Twitter is shitposting about whether Binance is getting their $4.3B bag back after that Trump pardon. Now, plot twists do not get any better than this. CZ says he'll invest it all in America anyway
In other news, Satoshi's wallet just watched $43 billion evaporate. It’s not that our ghost creator is checking Coinbase every five minutes, though. And across the pond, UK authorities are playing the ultimate crypto cops, having seized £25M tied to Russian oligarchs trying to use crypto as their personal offshore account. This is definitely not looking good for adoption.
Here are the Highlights:
- Bitcoin Logs Longest Losing Streak Since 2024 as Fed Repricing Fuels Cautious Rebound
- Satoshi Nakamoto Loses $43 Billion as Bitcoin Price Falls Over 30%
- Binance will invest everything in America if it gets a refund after CZ pardon
- UK Seizes £25M in Cash and Crypto Linked to Russia Sanctions
Bitcoin Logs Longest Losing Streak Since 2024 as Fed Repricing Fuels Cautious Rebound
Bitcoin has notched its fourth consecutive weekly loss, marking its longest downtrend since June 2024, even as it begins clawing back last week’s losses. Price action for the world’s largest digital asset is on track for its fourth-quarter performance to be its worst since 2018, with a current loss of 24.43%. “I expect a rough ride into Christmas,” Sean Dawson, head of research at options analytics platform Derive, told Decrypt. Despite the gloom, one on-chain metric suggests underlying demand. The aggregate spot bid-ask delta at 10% depth has spiked to the second-highest level in 2025, indicating increased dip-buying activity and potential absorption of selling pressure.
Satoshi Nakamoto Loses $43 Billion as Bitcoin Price Falls Over 30%
Satoshi Nakamoto’s legendary Bitcoin fortune has dropped by an estimated $41 billion, as BTC’s price slid more than 30% from its all-time high. The pseudonymous creator’s 1.1 million Bitcoin, tracked using the Patoshi mining pattern, fell from $138 billion in October to about $96 billion as of this writing. This sharp decline moved Satoshi from 11th to around 20th among the world’s wealthiest people, now just below Bill Gates. Arkham Intelligence, a blockchain analytics firm, estimates Satoshi’s Bitcoin using mining analysis and on-chain forensics.
Binance will invest everything in America if it gets a refund after CZ pardon
Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao removed his remaining criminal exposure while leaving intact the more than $4.3 billion that Binance has already paid to U.S. agencies. On X, CZ treated the idea of clawing that money back as hypothetical. He replied to a post about a refund with a “delicate question” quip and added that “IF we get any refund, we will be investing that in America anyway.” The line landed as a meme, although the underlying issue is concrete: whether a pro-crypto White House could unwind part of the largest enforcement package ever brought against a crypto exchange, and what it would take to do that in practice.
UK Seizes £25M in Cash and Crypto Linked to Russia Sanctions
British authorities have wrapped up a major operation aimed at shutting down channels used by wealthy individuals to dodge sanctions tied to Russia’s invasion of Ukraine. The operation led to 128 arrests and the seizure of approximately £25 million, equivalent to roughly $33 million in cash and cryptocurrency. The scale of the action shows how aggressively UK agencies are now pursuing sanctions evasion that blends organised crime with geopolitical finance. The National Crime Agency took the lead on the investigation and worked with partners in the United States, France, Spain and Ireland.
Other Highlights Worth Mentioning
Coinbase crypto exchange executes internal wallet migration - Cointelegraph
Crypto Miners in Malaysia Stole $1 Billion in Power Over Five Years - Decrypt
Coinbase launches ETH-backed loans as onchain lending tops $1.25B - Trading View
Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting - CoinDesk
COINIGY FACT OF THE DAY.
On this day in 2022, Global regulators were reported to be targeting crypto platforms after the FTX crash.
In the immediate aftermath of the FTX collapse, the new chair of global securities watchdog IOSCO told Reuters that regulators would focus on reining in “crypto conglomerate” platforms like FTX in 2023. This marked a clear pivot toward coordinated, G20-level oversight of centralized exchanges and stablecoin platforms, turning FTX’s implosion into a catalyst for the next phase of global crypto regulation.
COINIGY MEME OF THE WEEK
