Number of Bitcoin millionaire wallets triples in 2023

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BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to 81,925 presently, a 237% boost in the last 11 months.Currently, 81,925 wallet addresses hold more than $1 million in BTC. Source: BitInfoChartsThe millionaire wallets are not one-to-one with individual users as numerous addresses with more than $1 million BTC belong to crypto exchanges and financial institutions.Comparative data from Glassnode shows the number of addresses holding more than $1 million in Bitcoin peaked during the top of the last bull market in November 2021, posting a record 112,573 addresses on Nov. 9, 2021, the day before Bitcoin notched its all-time high of $69,000 on Nov. 10, 2021. Source: GlassnodeRelated: Demand for Bitcoin might 10X within the next 12 months: Michael SaylorMeanwhile, the number of so-called “wholecoiners”– wallets with a balance of at least 1 BTC– has increased slightly since the beginning of the year.