Education and Technology

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

Technology

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week — an increase of 150%. The rise of millionaire wallets is attributable to early miners retaining their Bitcoin over the years, culminating with the asset's latest surge above $20,000.

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