Quote from: Bitcoinmoon12 on Today at 09:57:11 AM

According to data provided by BitInfoCharts.com, 74,550 different addresses currently hold a balance of Bitcoin worth more than $1 million. Additionally, 5,708 addresses hold BTC worth more than $10 million.

Quote from: Bitcoinmoon12 on Today at 09:57:11 AM

The recent surge in Bitcoin’s price, which has reached an all-time high of $31,000, is likely the reason for the appearance of many new Bitcoin millionaires. Despite the banking crisis that occurred in March and negative news surrounding Binance, people are still turning to Bitcoin as their top investment choice.

I have little doubt that they are new bitcoin millionaires and I suspect they are old investors affiliated to several wallets. We have been faced with a complicated situation after the pandemic, people have difficulty getting out of financial problems and economic stability is really disrupted because there is no stability of normal income per capita. Then a question arises from me, how is it possible that people are taking huge investment opportunities in bitcoin, while the economy is really taking a hit with some of the chaos going on, they were very difficult to make ends meet and many businesses went bankrupt

Increasing the number of addresses holding more than $1 million does not give any guarantee that they are new millionaires in bitcoin and I am more sure they are old investors using lots of new storage addresses and there is a reason why they are trying to create lots of new wallets.