Glassnode data shows that there are currently only 23,000 wallet addresses holding at least $1 million worth of Bitcoin. This is in sharp contrast to the situation on November 8, 2021, when BTC prices were close to an all-time high of $69,000. Such wallets There are 112,898 addresses.
This means that “Bitcoin (USD) millionaire” addresses have decreased by approximately 80% over the past year. In addition, the main group that has recently reduced its BTC holdings are whale addresses (holding 1,000 and above). The whale has moved approximately 65,000 BTC to exchanges in the past month, but this is still a very small proportion relative to its total holdings of 6.3 million BTC. (Cointelegraph)
