Bitcoin Millionaires Multiply as Price Rallies, But Macro Uncertainty Clouds Outlook
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Number of Bitcoin millionaire wallets has more than tripled in 2023, with over 81,000 addresses now holding $1M+ in BTC
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Millionaire wallets not 11 with users, many belong to exchanges and institutions
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Number of "wholecoiner" wallets (1+ BTC) increased 4% since Jan 1 to over 1M addresses
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Bitcoin price up 38% in past month, buoyed by enthusiasm for spot BTC ETF approval
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Not all analysts convinced a spot ETF will spark next bull run, cite macro uncertainty