And if I give a specific number instead of percentages, it becomes even scary.
In six months, 82,602 bitcoin millionaires have lost their status as a result of the negative dynamics of the first cryptocurrency.
At the time BTC ATH reached $69,045.00. – there were 108,886 bitcoin millionaire addresses.
You can count for yourself, how many of them there are now.
Also there are much less whales (wallets with value more than $10 million) – from 10,587 to 4,342 addresses.
But, at the same time, the number of wallets with at least 1 BTC increased significantly. Their number increased by more than 13,000.
During these trying times, its interesting to watch the strategy of El Salvador’s Bitcoin-boosting president. His recent tweet on Twitter was, “Bitcoin is the future! Thank you for selling cheap.” and he keeps buying the dip.
I read somewhere( not verified) that he buys the dip from ‘Public funds’. Either he is a visionary or a disaster. Only time will tell. Meanwhile I see a true Diamond hand in him.
What are your thoughts?
submitted by /u/Over-Appearance6870
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