Bitcoin millionaires increased by 2.5 times in a week

Over the past week, the number of bitcoin addresses worth more than $ 1 million has increased by 150%, according to the analytical platform Glassnode..

As of Thursday, there were 66,540 such millionaires. This number is more than double the maximum figure at the end of 2017..

The company’s researchers associate the exponential growth in the number of such addresses with the accumulation of cryptocurrency in the wallets of early miners who did not spend the mined assets for years. As a result of the recent jump in the bitcoin rate above $ 23 thousand, their fortune quickly surpassed the milestone of a million dollars..

Bitcoin millionaires increased by 2.5 times in a week

Glassnode also predicts that in the near future, the price of BTC will continue to rise due to the market deficit. As a result of the last halving, the remuneration of miners was reduced to 6.25 coins per block, so now they mine about 900 bitcoins per day, which are quickly bought up by large investors and institutional organizations..

Bitcoin millionaires increased by 2.5 times in a week

Since the market was subject to significant fluctuations in the past, many early miners were enthusiastic and accustomed to postponing some of the mining, being confident in the long-term success of the digital asset..

However, even despite the current success of the cryptocurrency, most investors do not believe that the bitcoin rate will exceed $ 50 thousand by 2030..

text: Ivan Malichenko, photo: depositphotos, graphic: Glassnode

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