Bitcoin Millionaire Addresses Reach New Highs Amid August Price Surge

The number of Bitcoin addresses holding at least one million dollars in BTC increased by 10.4% in August, rising from 111846 to 123482.

This growth is largely due to the monthly rebound of more than 20% of BTC, which saw its price increase to approximately $78092.

However, it's essential to note that an address does not necessarily equate to a single investor, as individuals and companies can control multiple addresses.

The number of addresses holding over 10 million dollars in BTC also increased, reaching 15584.

Despite the August increase, the number of millionaire addresses remains below the January level, with 7643 addresses missing to reach this level again.