tech

April 11, 2026

Victims of the crisis? Over 20,000 people are no longer millionaires

Between January 1 and March 31, 2026, the total number of Bitcoin addresses holding at least one million dollars fell from 148,084 to 127,494.

Victims of the crisis? Over 20,000 people are no longer millionaires

TL;DR

  • The number of Bitcoin addresses holding at least $1 million fell by 20,590 (13.90%) in Q1 2026.
  • This decrease is linked to a 23% drop in Bitcoin's price during the same period.
  • Addresses with $1-10 million experienced the largest reduction, with 18,483 fewer wallets.
  • Year-over-year, the decline in million-dollar addresses deepened by 47.7% compared to Q1 2025.
  • Institutional investors, such as BlackRock, continued to increase their Bitcoin holdings, contrasting with the overall decrease in million-dollar addresses.

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