Skip to content

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Nearly 40,000 Bitcoin millionaires emerge in a month

Nearly 40,000 Bitcoin millionaires emerge in a month

Summary:

⚈ Nearly 40,000 new Bitcoin millionaires emerged in May as BTC topped $100K

⚈ Total millionaire addresses rose from 137,157 to 176,525 in just 30 days

⚈ Surge outpaced January highs, signaling sentiment shift beyond price movement alone

The first four months of 2025 have been rocky for the cryptocurrency market and generally devastating for Bitcoin (BTC) millionaire addresses, but the fifth month, May, has thus far brought a rapid reversal. 

As many as 39,368 BTC millionaires emerged within just 30 days as the world’s premier digital asset reclaimed levels above $100,000.

Shortly after the Liberation Day announcement lows, on April 9, there were 137,157 Bitcoin millionaire addresses in total, with 123,568 holding between $1 million and $9.99 million worth of the cryptocurrency, according to the information Finbold retrieved using the Wayback Machine.

As of May 9, the overall number rose to 176,525, with 157,383 owning between $1 million and $9.99 million, and another 13,589 having more than $10 million worth, per the data Finbold retrieved from BitInfoCharts.

BTC millionaire addresses with more than $1 worth of BTC on January 21 and on May 9.
Bitcoin addresses with more than $1 worth of BTC on January 21 and on May 9. Source: BitInfoCharts & BitInfoCharts via Wayback Machine.

The rise in such addresses was accompanied by a strong sentiment reversal in the cryptocurrency market, and with BTC’s one-month $26,000 climb from approximately $77,000 to $103,646.

Chart showing Bitcoin's performance between April 9 and May 9.
BTC price one-month chart. Source: Finbold

Furthermore, the change in the number of Bitcoin millionaire addresses that occurred by May 9 marks a stark change in the trend, as, as recently as April 30, Finbold reported the extinction of about 20,000 such cryptocurrency holders within President Donald Trump’s first 100 days in office.

The data simultaneously reveals that the total has exceeded the highs reached just after the billionaire was inaugurated – at the time, there were 176,364 BTC millionaires – and before the trade war and the associated turmoil began.

Interestingly, the difference in price between January 21 – the date of the data Finbold used for the 100-day estimate – and May 9 reveals that the rise in Bitcoin millionaire addresses cannot be accounted for by the latest Bitcoin rally alone.

Approximately 24 hours after Trump re-entered the White House, the world’s premier cryptocurrency was changing hands at $106,182 – nearly $3,000 higher than at press time. 

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Latest posts

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.