Since the beginning of the year, the cryptocurrency market has lost more than $ 1 trillion in market capitalization, which has been accompanied by a decline in the price of various cryptocurrencies.
As a result, in the first half of 2022, the number of BTC millionaires decreased by almost 70%.
According to Finbold, as of June 29, 2022, the number of bitcoin millionaires was 30,626, and according to BitInfoCharts.com, the number of addresses with a balance of more than $ 1 million in BTC was 26,284.
The number of bitcoin millionaires has declined significantly since early January, but the decline will be even more impressive if we extend the period to October 2021, when bitcoin traded near its all-time high of $ 69,000.
As of October 28, 2021, 116,139 bitcoin addresses were millionaires, respectively, as of June 29, 2022, the decline worsened to 7%.
At the time of writing, bitcoin is trading at $ 20,099. For the day, the price of the asset decreased by 3.32%. Now the market capitalization of the king of cryptocurrencies is $ C82 billion, according to Coinmarketcap.