followRecent data from on-chain analytics firm Glassnode reveals that there are currently just 23,000 wallets with BTC balances worth $1 million or more.
Glassnode, which tracks several BTC wallet groups, confirmed that as of November 25, there were 23,245 transactions worth more than $1 million, in contrast to the events on November 8, 2021, when BTC/USD approached its latest all-time high of 69,000. dollars — then the number of such wallets reached 112,898.
The number of BTC millionaire wallets is down about 79%, while BTC/USD is down as much as 77%, according to data from Cointelegraph Markets Pro and TradingView show
However, Glassnode also shows that Even the smallest group of investors or – those with around 0.01 BTC or more in their wallets – have also been on the rise lately.
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