Posted 3/13/2024, 4:57:23 AM
Bitcoin Boom Mints New Crypto Millionaires Daily, Though Pace Slows from 2021 Highs
- Bitcoin rally creates ~1,500 new millionaire wallets daily, slower pace than 2021 peak
- Increased crypto adoption driving new investment, like Drake's Instagram post
- Large investors taking profits from high prices; custody over personal wallets
- MicroStrategy adds 12K BTC, bringing total holdings to 205K BTC worth $14.84B
- Exchanges' Bitcoin reserves dropping; Binance at 546K BTC, Coinbase 358K BTC
