Recent Bitcoin Price Surge Creates Thousands of New BTC Millionaires

e_abrams

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Bitcoin rallied past 23k and that unprecedented price record for the most popular crypto caused the so-called Fear of Missing Out among many investors. Apparently, the record Bitcoin price increased the number of existing BTC millionaires to 66,540. In other words, if a person’s wallet contains more than 50 BTC, that person is a new millionaire.

According to data released by crypto analytics and on-chain analysis company Glassnode,the number of BTC wallets with over 1 million USD or more has increased by 150%, reaching the abovementioned 66,540.

Even Wall Street companies got in on the action by investing massive sums in Bitcoin. For example Guggenhein invested 500 million USD into the Grayscale Bitcoin fund.
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Congratulations to all new BTC millionaires! :D