tldr; Over 20,000 Bitcoin millionaire addresses have disappeared since January 1, 2026, as Bitcoin’s value dropped by 50% from its October 2025 peak of $125,000. The number of addresses holding over $1 million in BTC fell by 15.68%, while those with over $10 million declined by 2,596. The cryptocurrency market lost $800 billion in total, with Bitcoin accounting for $510 billion. Despite institutional adoption and optimistic forecasts, the downturn is attributed to market cycles, global instability, and delays in U.S. digital asset regulations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
juiceous on
I wonder about that Dutch law on unrealized gains. Are they providing tax breaks for unrealized losses? It could seriously destabilize their tax income.
Wang_King8 on
Millionaires in what fiat currency? I already know this is goingto be the worst AI shitread ever won’t even click the link
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I’m sure someone will find them
We should name them bitcoinionairs.
tldr; Over 20,000 Bitcoin millionaire addresses have disappeared since January 1, 2026, as Bitcoin’s value dropped by 50% from its October 2025 peak of $125,000. The number of addresses holding over $1 million in BTC fell by 15.68%, while those with over $10 million declined by 2,596. The cryptocurrency market lost $800 billion in total, with Bitcoin accounting for $510 billion. Despite institutional adoption and optimistic forecasts, the downturn is attributed to market cycles, global instability, and delays in U.S. digital asset regulations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I wonder about that Dutch law on unrealized gains. Are they providing tax breaks for unrealized losses? It could seriously destabilize their tax income.
Millionaires in what fiat currency? I already know this is goingto be the worst AI shitread ever won’t even click the link