Bitcoin 'millionaires' increased 140% as BTC price crossed $20K — data

📆 3/1/2023 1:06 PM
📰 Cointelegraph

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When do BTC hodlers become millionaires? $20,000 is a magnet, says on-chain data.

According to on-chain analytics firm$20,000 makes 50-BTC hodlers happyall-time high

As Glassnode now shows, when BTC/USD crosses that price point, a large number of hodlers either gain or lose U.S. dollar millionaire status. Fast forward to January this year and the opposite can be observed — as soon as BTC/USD reclaimed the $20,000 mark, those wallets reappeared en masse.

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I think u mean 200k 😜

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