Bitcoin’s 2021 Rally is Minting Thousands of Crypto ‘Diamond Hands’ Millionaires

BitInfoCharts says 93,862 accounts hold bitcoins worth at least $1 million

by Mark DeCambre
Market Watch

The recent rise of bitcoin toward all-time highs is creating millionaires, on paper, at a fairly rapid clip, according to data from BitInfoCharts.

At last check, bitcoin was trading up by over 6.5% on CoinDesk BTCUSD, 2.41% at $49.141.23. But even with the asset down by about 12% for the week after a jaunt to a record high at $58,332.36 over the weekend, the digital currency’s ascent is helping mint a round of crypto millionaires.

There are 93,862 accounts holding bitcoins worth at least $1 million and there are 8,214 that own bitcoins valued at more than $10 million, according to BitInfoCharts, as of Wednesday afternoon.

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