Bitcoin’s creator, Satoshi Nakamoto, became the 11th richest person in the world after Bitcoin tapped $120,000 on Sunday.

CoinTelegraph reports that Nakamoto is believed to hold 1.096 million Bitcoin across thousands of wallets, which is worth over $131 billion at current prices, according to blockchain analytics company Arkham.

This would, in theory, place Nakamoto at number 11 on Forbes’ richest billionaires list, overtaking Michael Dell, CEO of tech giant Dell Technologies, with a net worth of $125.1 billion.

However, Forbes’ billionaires list doesn’t consider crypto wallet holdings when evaluating billionaires; instead, it tracks individuals’ publicly verifiable holdings, such as stocks. …

On Thursday, 10x Research head Markus Thielen told Cointelegraph there’s a 60% chance for Bitcoin to register a 20% gain in the next two months and hit $133,000 in September.

In May, Bitwise chief investment officer Matt Hougan told Cointelegraph that he thinks Bitcoin could hit $200,000 by the end of 2025, driven by a supply shock from surging institutional demand.

Meanwhile, BitMEX co-founder Arthur Hayes predicted Bitcoin would hit $250,000 by the end of the year.

How do other Bitcoin whales stack up against Nakamoto

Nakamoto holds more Bitcoin than anyone else by a significant margin. Corporations and custodians hold 847,000 total, or 4% of Bitcoin’s capped supply, according to BiTBO.

A small group of individuals also has an ample supply of Bitcoin. The Winklevoss twins, the founders of crypto exchange Gemini, are estimated to hold about 70,000.

Tim Draper, a venture capitalist and early Bitcoin backer, holds around 30,000, which he bought at a 2014 US Marshals auction. Strategy co-founder Michael Saylor also has a private stash outside his company’s holdings of around 17,732.