NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com
LatestDaily BriefMarkets
NewsLayer PulseLIVE₿BTC$76,560-2.98%ΞETH$2,234-1.63%◎SOL$95.23-2.25%✕XRP$1.25-0.35%ÐDOGE$0.0752-1.35%₳ADA$0.1936+0.81%Total Cap$2.71T-2.34%24H Vol$226.9BLayer Index17 Extreme Fear
BreakingBinance Hack: Why Bitcoin Didn't Crash Like It Did in 2018hace 3 horas
Markets
HomeCrypto

Crypto

Over 11 million bitcoin has no known owner. Here's what it means

It could include coins that are likely lost, sitting in wallets whose owners have forgotten their keys or have passed away.

Omkar Godbole

Publisher CoinDesk

Oct 26, 2026 at 7:18 AM UTC · Updated hace 4 días · 1 min de lectura

Over 11 million bitcoin has no known owner. Here's what it means
NewsLayer editorial artwork

Key Signal

45% Bitcoin with named holders

Entities

bitcoin

Market Impact

BTC-2.98%$76,560

Last Updated

hace 4 días

It could include coins that are likely lost, sitting in wallets whose owners have forgotten their keys or have passed away.

Some were mined in bitcoin's early years by miners other than the one behind the Patoshi pattern, a set of bitcoin's earliest mined blocks that researchers link to a single miner, bitcoin's anonymous creator, Satoshi Nakamoto.

Some could belong to institutions Galaxy hasn't identified, such as funds, companies and OTC desks, which are brokers that arrange large bitcoin trades privately, away from exchanges. Some coins could belong to custody setups that spread coins across many addresses, making them harder to trace.

The other 45% does have names attached, and some of them are big names, including exchanges, ETFs led by BlackRock, the U.S. government and the single biggest holder, "Satoshi Nakamoto (Patoshi Pattern)," at 1,123,658 BTC. Galaxy counts those coins separately, as "the Satoshi-era miner pattern."

Still, for all the ETF headlines, the largest slice of bitcoin is the one nobody can name.

Why this matters

The scale of bitcoin without an identifiable owner highlights a material transparency gap in assessing ownership concentration and potentially available supply. It could complicate market analysis, since coins classified as lost, institutionally held or held through custody structures carry very different implications if they later move.

Follow the Story

  1. Oct 26Over 11 million bitcoin has no known owner. Here's what it means
  2. Oct 30Bitcoin Falls To 6-Week Low As Binance Hack Accelerates Losses
  3. Oct 30Crypto Market Today, Oct. 30: Bitcoin Tests Key Support as Binance Hack and Tech Sell-Off Rattle Markets
  4. Oct 30TRON (TRX) Rose on the Day of the Binance Hack While Bitcoin, Ethereum and XRP Fell. What Is Holding It Up?
  1. Oct 26Over 11 million bitcoin has no known owner. Here's what it means
  2. Oct 30Bitcoin Falls To 6-Week Low As Binance Hack Accelerates Losses
  3. Oct 30Crypto Market Today, Oct. 30: Bitcoin Tests Key Support as Binance Hack and Tech Sell-Off Rattle Markets
  4. Oct 30TRON (TRX) Rose on the Day of the Binance Hack While Bitcoin, Ethereum and XRP Fell. What Is Holding It Up?
#bitcoin#crypto

Sourced by

Originally reported by CoinDesk

NewsLayer coverage based on externally reported material.

The Daily Brief

The onchain economy, before your day starts.

Curated markets, onchain insights, and key headlines — delivered every weekday morning.

Weekdays · Free · ~5 minute read

0

Applause

Was this article helpful?

Market Context

₿

Bitcoin

BTC

$76,551

-2.99% (24H)

$78,881$77,690$76,500
10 PM5 AM1 PM9 PM

Market Cap

$1.54T

24H Volume

$38.1B

24H High

$79,146

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

Related Coverage

CryptoTop Cryptocurrencies Slump; Bitcoin Tumbles Below $77,000hace 2 horas · 1 min readCryptoWorried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firmshace 2 horas · 3 min readCryptoBitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recoveryhace 2 horas · 1 min read
View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium

Previous Story

Qubit’s Own Electric Current Could Offer a Simpler Readout Method

Next Story

XRP ETF Investors Have Put In Around $1.8B but Their Holdings Are Worth Only $1.48B

Keep Reading

Noticias Relacionadas

'Sentiment will take a hit': Binance $6.3 billion hack rattles bitcoin, crypto marketSECURITY BREACH

'Sentiment will take a hit': Binance $6.3 billion hack rattles bitcoin, crypto market

'Sentiment will take a hit': Binance $6.3 billion hack rattles bitcoin, crypto market Yahoo Finance

hace 3 horas

1 min de lectura
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5BSTABLE WATCH

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.

hace 3 horas

1 min de lectura
Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share SalesSECURITY BREACH

Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales

Bitcoin Magazine Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales Coinbase missed revenue expectations as users declined, despite growth in recurring revenue, while executive share-sale plans and a massive Binance security breach added pressure to crypto markets. This post Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales first appeared on Bitcoin Magazine and is written by Micah Zimmerman .

hace 3 horas

2 min de lectura
NewsLayer.com

The front page of the onchain economy. Crypto, Web3 and regulation intelligence — live prices, original research and policy tracking in one layer.

Follow on XTelegram

News

  • Latest News
  • The Daily Brief
  • Crypto
  • DeFi
  • Policy
  • Web3
  • Blockchain
  • Explainers

Markets

  • Market News
  • Layer Index
  • Live Charts
  • DeFi Protocols
  • Regulation Tracker
  • Regulation Radar

Company

  • About NewsLayer
  • Advertise
  • PR Publication
  • Become an Author
  • Our Authors
  • Create Account
  • Sign in

Resources

  • Research
  • NewsLayer Originals
  • My Feed
  • Search
  • AI Sector
  • Quantum Sector

NewsLayer Premium

Read the full layer.

Unlock premium intelligence, original research and an ad-free reading experience.

  • Premium Intelligence briefings
  • Ad-free reading experience
  • Members-only research & data
Go Premium

© 2026 NewsLayer.com — The front page of the onchain economy

Privacy Policy·Terms of Service
NewsLayer

Get the signal, not the noise.

Markets, regulation and onchain intelligence in a 5-minute morning read — plus breaking alerts and Layer Index flips as they happen.

The Daily Brief

Breaking alerts

Index flips

Free · No spam · Unsubscribe anytime