Number of Bitcoin Millionaire Wallets Tripled in 2023

14/11/2023

According to BitInfoCharts, the number of Bitcoin addresses holding more than $1 million has increased to 81,925, a 237% increase in the past 11 months. Some of these wallet addresses belong to cryptocurrency exchanges and financial institutions.

A record 112,573 addresses were posted on November 9, 2021, the day before Bitcoin hit an all-time high of $69,000 on November 10, 2021.

Bloomberg ETF analysts say there is a 90 percent chance that a spot Bitcoin ETF will be approved by Jan. 10, and many expect the price of Bitcoin to rally sharply in response.

Resource: https://cointelegraph.com/news/bitcoin-millionaire-wallets-triple-this-year