Since November 2021, the number of bitcoin millionaires has dropped by 75% , but some keep buying the dip.

​

BTC

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?