1,500 new millionaire Bitcoin wallets daily due to recent surge, per Kaiko Research.

Crypto analytics firm Kaiko Research reports that Bitcoin's recent surge has generated around 1,500 new "millionaire wallets" daily. These wallets, digital addresses on the Bitcoin blockchain where users store cryptocurrency, have seen a 70% increase this year. While the number of wallets surpassing the million-dollar mark daily is lower than in 2021, the slower growth could be attributed to large Bitcoin holders, or "whales," taking profits or adopting a more cautious approach.

March 11, 2024
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