Bitcoin adds 154 new millionaires daily in 2024
The post Bitcoin adds 154 new millionaires daily in 2024 appeared on BitcoinEthereumNews.com.
It is no secret that Bitcoin (BTC) had a stellar year in 2024, reaching a new all-time high (ATH) of over $73,000 in the first six months and surging past the $100,000 psychological level in December BTC investors reaped significant benefits from the rally, as Finbold research found that, between December 31, 2023, and December 31, 2024, an average of 154 addresses holding over $1 million worth of Bitcoin were created daily. The total increase in such addresses in the 366 days (2024 being a leap year) that elapsed amounts to approximately 56,325, per the data Finbold retrieved from BitInfoCharts using the Internet Archive’s Wayback Machine. Specifically, their numbers totaled just under 97,000 on the last day of 2023 and just over 153,000 on the final day of 2024 – a 58.21% increase. In particular, a total of 48,738 addresses holding between $1 million and $10 million were added, along with 7,587 addresses holding over $10 million. Bitcoin addresses with more than $1 rose by only 12% in 2024 Furthermore, the total increase in BTC-holding addresses was relatively minor in proportion as the total increased by only 12.79%. Still, the rise was substantial in absolute terms, amounting to almost 10 million new addresses, averaging 27,000 per day over the year. The largest uptick was evident among those holding between $100 and $999.99 worth of Bitcoin, as many as 3.3 million new ones were added for an average daily increase of over 9,000. Breaking down the totals further by the value of addresses, 2024 saw the emergence of 2 million new ones holding between $1 and $99.99 – 5,652 per day – 2.6 million holding between $1,000 and $9,999.99 – 7,241 every day – 1.4 million with $10,000 to $99,999.99 – 3,979 each 24 hours – and 362,709 with $100,000 to…
Filed under: News - @ January 9, 2025 11:27 am