Bitcoin Millionaires Plummet: A 70% Drop in First Three Quarters of 2025
The bear market took a heavy toll on Bitcoin holders in 2025, with the number of Bitcoin millionaires experiencing a dramatic decline. According to Finbold, in just the first three quarters of 2025, the number of Bitcoin (BTC) millionaires fell by 70.23%. This signifies a major shift in the crypto landscape, impacting both individual investors and the overall market sentiment.
The Data Behind the Decline
Looking at on-chain data from bitinfocharts.com, Bitcoin millionaires have dropped like flies. Entering 2025, there were 90,000 addresses containing over a million dollars' worth of Bitcoin. However, according to data compiled by Finbold, the number of Bitcoin millionaires fell by 70.32% in the first three quarters of 2025 due to the bear market, with the. The data showed that the number of BTC addresses holding significant wealth has dwindled significantly. A crypto analyst at CoinJournal noted that the holders of the flagship digital currency Bitcoin have been exposed to the harsh effects of the market crash, as evidenced by the fact.
Analysis of the Bitcoin Millionaire Exodus
Analysis of on-chain shows there are 73% fewer Bitcoin millionaires after 2025 thanks to bear market and high-profile market casualties. A report from CoinJournal.net stated that 2025 left 73% fewer Bitcoin millionaires than the year before. At the beginning of the year, there were 90,000 addresses containing over a million dollars. The information compiled by Finbold reveals that the variety of Bitcoin millionaires fell by 70.23% within the first three quarters of 2025 as a result of bear market.
Bitcoin in the Red: 2025's End Result
The cryptocurrency market downturn significantly impacted Bitcoin's profitability. 2025 also ended with most of the BTC supply as a loss. This indicates that a significant portion of Bitcoin holders were underwater, holding Bitcoin at a value lower than their purchase price. As a direct consequence of this, holders of the flagship digital currency Bitcoin have been exposed to the harsh effects of the market crash, as evidenced by the fact According to Finbold, in just the first three quarters of 2025, the number of Bitcoin (BTC) millionaires fell by 70.23%. The data showed that the number of BTC addresses