tldr; Over 20,000 Bitcoin millionaire addresses have disappeared since January 1, 2026, as Bitcoin’s value dropped by 50% from its October 2025 peak of $125,000. The number of addresses holding over $1 million in BTC fell by 15.68%, while those with over $10 million declined by 2,596. The cryptocurrency market lost $800 billion in total, with Bitcoin accounting for $510 billion. Despite institutional adoption and optimistic forecasts, the downturn is attributed to market cycles, global instability, and delays in U.S. digital asset regulations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
juiceous on
I wonder about that Dutch law on unrealized gains. Are they providing tax breaks for unrealized losses? It could seriously destabilize their tax income.
Wang_King8 on
Millionaires in what fiat currency? I already know this is goingto be the worst AI shitread ever won’t even click the link
Drizznarte on
The bigger wallets have only been accumulating.
No-Letterhead-1232 on
This is around 5-10% of btc millionaires which is pretty good considering a 50 percent drop
MrMpeg on
How can there be so many bitcoin millionaires if there are only 21 million butcoin huh?
Fun-Intention-232 on
Ahh well. Someone has to be caught holding the bag.
10 Comments
I’m sure someone will find them
We should name them bitcoinionairs.
tldr; Over 20,000 Bitcoin millionaire addresses have disappeared since January 1, 2026, as Bitcoin’s value dropped by 50% from its October 2025 peak of $125,000. The number of addresses holding over $1 million in BTC fell by 15.68%, while those with over $10 million declined by 2,596. The cryptocurrency market lost $800 billion in total, with Bitcoin accounting for $510 billion. Despite institutional adoption and optimistic forecasts, the downturn is attributed to market cycles, global instability, and delays in U.S. digital asset regulations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I wonder about that Dutch law on unrealized gains. Are they providing tax breaks for unrealized losses? It could seriously destabilize their tax income.
Millionaires in what fiat currency? I already know this is goingto be the worst AI shitread ever won’t even click the link
The bigger wallets have only been accumulating.
This is around 5-10% of btc millionaires which is pretty good considering a 50 percent drop
How can there be so many bitcoin millionaires if there are only 21 million butcoin huh?
Ahh well. Someone has to be caught holding the bag.
Now those millionaires are worth a paltry 500k