- The price of Bitcoin has risen to the level of 31 thousand dollars.
- There has been a 100% increase in the number of millionaires holding Bitcoin.
As the price of Bitcoin (BTC) continues to rise, the number of millionaires holding Bitcoin in their wallets is increasing!
The Number of Bitcoin Millionaires Has Doubled!
Entering the second quarter of 2023, Bitcoin (BTC) has gained more than 80% in value since the beginning of the year, showing an impressive rise. This increase in value has increased confidence in the cryptocurrency and as a result, the number of Bitcoin millionaires has doubled. By mid-April, more than 50,000 new Bitcoin millionaires had emerged.
According to data compiled by CoinOtag, as of April 14, the number of Bitcoin millionaire addresses was recorded as 80,659, representing a 187% increase compared to the 28,084 BTC millionaire holding addresses on January 5.
Bitcoin Millionaires
74,912 different addresses have Bitcoin balances worth over 1 million dollars. In addition, 5,747 addresses hold BTC worth more than 10 million dollars.
Using the web archive tool Wayback Machine, on January 5, 2023, the number of addresses holding at least 1 million dollars worth of Bitcoin was 24,279, while the number of addresses holding BTC worth more than 10 million dollars was 3,805.
Bitcoin millionaires (January 5, 2023)
The Bitcoin Rally is Creating New BTC Millionaires!
Recently, the increase in the price of Bitcoin and the emergence of new millionaires can be attributed to the crypto market overcoming the downturn conditions of 2022, which were marked by high inflation and events such as the FTX collapse.
Despite the banking crisis in March and the uncertainty surrounding Binance, Bitcoin continued to rise and reached the level of 31,000 dollars. This strong upward trend shows that the crypto market continues to gain momentum despite the challenges it has faced in the past.
Due to investors wanting to diversify their portfolios and take advantage of the potential of crypto assets, Bitcoin remains a leading choice for those who want to ride the exciting and dynamic wave of this market.
