Bitcoin Millionaires Are Disappearing While Mega Whales Quietly Take Over🚀🔥😌
The crypto market just sent a powerful on-chain signal that most people are missing. In 2025, Bitcoin wiped out 7,485 millionaire wallets, even as ultra-rich holders quietly increased their dominance. What looks like a shakeout on the surface is actually a deep shift in who controls Bitcoin’s wealth.
According to data from Finbold, the number of Bitcoin addresses holding at least $1 million fell from 155,569 to 148,084 by year-end 2025. That’s an average of 21 Bitcoin millionaires vanishing every single day, erasing the gains built earlier in the year despite strong spot ETF inflows and institutional demand.
while mid-tier millionaire wallets were disappearing, $10 million+ Bitcoin addresses increased, rising from 15,319 to 16,368. In simple terms, smaller millionaires were exiting while mega whales were accumulating. This confirms a sharp wealth concentration phase, where Bitcoin supply is moving into fewer, stronger hands.
Earlier in 2025, momentum was bullish. By the end of Q3, Bitcoin had added over 20,000 new millionaire addresses, riding early-year price strength. But the final quarter flipped the script. As Bitcoin cooled and finished the year below its highs, those gains vanished fast turning the full year negative for millionaire growth.
This shift is even more striking when compared to 2024, a year that created 56,325 new Bitcoin millionaires, averaging 154 per day. The contrast highlights a major change in market structure: institutions stayed invested, ETFs kept absorbing supply, but retail and mid-level holders were pushed out, either by volatility, profit-taking, or lack of conviction.
While one person can control multiple wallets, address data still offers a powerful window into on-chain behavior. And right now, that window shows something clear: Bitcoin isn’t being abandoned it’s being consolidated.
The question isn’t why Bitcoin millionaires disappeared
It’s who is replacing them.