Kaiko Research employees found that thanks to the lightning-fast growth of the Bitcoin rate, about 1,500 dollar millionaires appear every day.
After analyzing blockchain data, experts found that the number of wallets storing bitcoins worth at least $1 million is increasing by an average of 1,500 per day. And the number of crypto storage facilities with BTC worth $10 million or more remains virtually unchanged.
During the last bull rally in 2021 and 2022, moneybags appeared much more often. The number of owners of Bitcoin wallets with $1 million worth increased by more than 4,000 per day, and the number of owners of crypto storage with at least $10 million worth of BTC increased by 2,000.
Kaiko Research employees explain the slowdown in the rate of emergence of millionaires by the following factors:
- Capital inflow has not yet reached its maximum strength;
- Large whales take profits by getting rid of coins;
- Many wealthy people store their bitcoins with custodial service providers rather than in personal wallets.
