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BitCoin Price Prediction – The number of millionaire addresses in BitCoin has decreased by 30 thousand in the last 3 months Review and Chart 2022

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BitCoin Price Price Prediction 2024

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While the volatility in cryptocurrencies has increased seriously in recent months, the biggest cryptocurrency has dropped from $69,000 at the beginning of November to $35k today… This huge decline seems to have had a significant impact on million-dollar wallets as well.

According to the news in Finbold; While the number of BitCoin millionaires decreased by close to 30 thousand in just 3 months, the number of wallets with a value of at least 1 million dollars was determined as 87 thousand 953. The number of BTC wallets with at least 10 million dollars was 7008.

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However, it is not overlooked that the figures have been in a serious decline in the last 3 months. The number of addresses with a value of 1 million dollars, which is 87 thousand 953 today, was 116 thousand 139 on 28 October. In other words, there is a meltdown of 30 thousand (24.26%) in about 3 months… This figure was 100 thousand in February last year.

At least $10 million worth The number of addresses was also 10319 on 28 October. In other words, there is a serious decrease (3 thousand) in whales worth 10 million dollars.

The decrease in BitCoin addresses with 100 thousand dollars is even greater than that of million dollars. The number of addresses holding this amount also decreased by 30% from October to January and decreased from 505 thousand to 353 thousand. As it can be remembered, 372 million dollars of “long” positions were liquidated in just 1 day in the decline on January 22.


BitCoin Price Analysis

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BitCoin Price Value

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The reasons for the decline are many…

As it is known, a record for the end of 2021 is especially well known. Estimates were made, but the Russia-Ukraine tension, the SEC’s harsh stance on regulations, the high levels of Kovid cases, and especially the Fed’s announcement that it would increase interest rates again affected stock markets, such as BitCoin, which broke records in recent months. However, despite all these conditions, experts state that BitCoin will continue to attract attention due to high inflation. The biggest cryptocurrency is trading at about $36100 at the time of the news.

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