The number of Bitcoin (BTC) addresses holding more than 100 Bitcoin has increased by 43 in the last five days, breaking above 15,950. At current values, 100 Bitcoin is worth $970,000, meaning that anyone holding slightly more than this amount is a Bitcoin millionaire.
For context, this number doesn't necessarily mean that there are just shy of 16,000 Bitcoin millionaires. It's a measure of how many Bitcoin wallets hold a minimum of this amount. Many of the wallets are likely owned by exchanges, which pool their funds together.
1/ After declining to start the month, the number of addresses holding more than 100 #Bitcoin has been on the rise over the past 5 days, with 43 new addresses joining the 100+ $BTC club.
According to data from analytics platform Santiment, the number of accounts containing 100 Bitcoin or more bounced back up recently when Bitcoin rallied from $9,540 to $9,750.
However, the number has fallen considerably since March, when there was a large market crash. Around this time, there was a sudden spike in the number of large Bitcoin addresses, rising to 16,250, before plunging below 15,950 in a week.
According to BitInfoCharts, there are now 1,565 addresses holding more than $10 million of Bitcoin. The single wealthiest Bitcoin address is managed by the Singapore-based cryptocurrency exchange Huobi and holds a balance of 255,502 BTC—equivalent to around 1.4% of the circulating supply. It contains more than double the next wallet size.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.
Republican Party strategist Chris LaCivita, one of the architects of U.S. President Donald Trump’s winning presidential campaign in 2024, pointed to the two-term commander-in-chief’s embrace of cryptocurrencies as a lynchpin for his political comeback.
Speaking at the Coinbase State of Crypto Summit in New York City on Thursday, LaCivita said targeting so-called crypto voters helped President Trump court a lot of supporters, particularly those belonging to voter blocs that have traditionally pr...
Tornado Cash co-founder Roman Storm issued one of his starkest rebukes yet of the Trump administration’s Department of Justice on Friday, arguing that if federal prosecutors prevail in the developer’s upcoming criminal trial, decentralized finance could be permanently destroyed.
“The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, [and] never built it,” Storm wrote. “SDNY is trying to crush me, blocking every expert witness.”
“If I lose, DeFi dies with me,” the crypto devel...
Late Thursday evening, Israeli fighter jets struck Iranian nuclear facilities, opening a wave of instability across global markets, with two camps split on what to do: those running for shelter and those fleeing risk.
Gold, long considered a safe haven, beckoned investors seeking safety from the escalating Middle East conflict. Bitcoin, often touted as digital gold, instead joined the exodus of risk assets.
"The traditional buyers of gold are not in the crypto market yet,” Stephen Wundke, direc...
