Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»Bitcoin Rally Creates Millionaire Wallets Every Day
BLOCKCHAIN NEWS

Bitcoin Rally Creates Millionaire Wallets Every Day

By Crypto FlexsMarch 12, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Rally Creates Millionaire Wallets Every Day
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin’s recent all-time highs reportedly resulted in the creation of around 1,500 ‘millionaire wallets’ every day.

Due to the public nature of the Bitcoin network, it is possible to see how many tokens each wallet holds. However, the anonymity of these addresses makes it difficult to identify which individual or organization owns them.

Enthusiasm for the newly approved Bitcoin ETF, which began trading in January of this year, has sent the original digital currency up around 70%. Despite this impressive growth, the millionaire wallet creation rate is not as high as it was during the 2021 bull market, when more than 4,000 wallets reached the million-dollar threshold each day. This year’s peak was on March 1 with 1,691 wallets, according to cryptocurrency analytics firm Kaiko Research.

Daily count of BTC wallets | Source: Kaiko

Several factors may contribute to this more moderate pace of wealth creation. The market may still be waiting for significant new investments, as large investors or whales can capitalize on BTC’s new highs. Large investors are choosing to secure their assets through custodial services rather than private wallets, according to a Monday report from Kaiko.

All investors who entered and remained in the Bitcoin market are enjoying profits as the most popular cryptocurrency reached an all-time high of $72,600 today. This rally also means that BTC’s value has increased almost every year since launch, with the exception of 2015, 2019, 2022, and 2023. This means Bitcoin remains a more stable asset than fiat currencies such as USD, which has been declining every year since 2009. Due to inflation.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

British trail EU, US encryption regulation, think tank warning

June 22, 2025

ZKJ Crypto Price Pumps 20%: Dead Cat Bounces?

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Friend Tech went from viral success to virtual ghost town.

January 30, 2024

To improve flexibility and performance, switch from AWS to AI together

May 6, 2025

How Polkadot Enjoys Market Favor

January 31, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.