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Crypto Market Resurgence Produces Over 44,000 New Bitcoin Millionaires

After last year’s bear market that took a toll on most cryptocurrencies, Bitcoin (BTC) is making headlines again as it reaches new levels, minting a new batch of millionaire owners. This new group of wealthy Bitcoin holders has capitalized on the market rally in 2023 to join the elite club of crypto millionaires.

According to data compiled by Finbold, the number of Bitcoin millionaire addresses as of January 28 stood at 72,483, representing an increase of 44,399, or 61%, from the January 5 figure of 28,084 BTC millionaire holders. During this period, Bitcoin has surged by about 37%.

As per the data provided by BitInfoCharts.com, 67,551 different addresses have a Bitcoin balance valued at over $1 million. Additionally, 4,932 addresses hold Bitcoin worth over $10 million as of January 28.

(By Paul L.)

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