Massive ‘Whales’ Dominated Crypto-Buying In December, ETH Demand Trumps BTC

by TYLER DURDEN at zerohedge.com

Bitcoin may have made upward of 100,000 U.S. dollar millionaires as it enters its sixteenth year.

As CoinTelegraph’s William Suberg reportsdata shows that the number of wallets containing BTC worth at least $1 million is up nearly 300% since the start of 2023.

Bitcoin is now the ninth most valuable asset in the world as it celebrates its fifteenth birthday.

Fifteen years to the day that the genesis block was mined, Bitcoin has a market cap of around $900 billion.

The past year has marked a renaissance for Bitcoin hodlers, with BTC emerging from the pit of its longest-ever bear market to gain 160% in USD terms.

Now, per on-chain analytics firm Glassnode, Bitcoin “millionaires” number more than 91,000.