List of Flash News about crypto millionaires
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2025-09-23 17:20 |
Report Says Crypto Millionaires Hit Record High as Bitcoin (BTC) Surges — 5 Trading Metrics to Watch
According to the source, a new report claims the number of crypto millionaires and billionaires is at a record high following Bitcoin’s surge this year. Historical cycle data show wealth created at BTC highs often rotates into large‑cap altcoins within 2–8 weeks, per CoinMarketCap and TradingView historical market data. If confirmed, rising wealth concentration typically coincides with higher Realized Profit, elevated SOPR, and a thinning long‑term holder supply share in bull phases, per Glassnode on‑chain metrics. New wealth also tends to correlate with stronger exchange net inflows and higher perpetual funding during risk‑on periods, per CryptoQuant data and Binance derivatives statistics. For positioning, monitor BTC dominance, stablecoin netflows, and U.S. spot BTC ETF creations and redemptions that have correlated with price advances during multiple 2024 impulse legs, per BlackRock iShares Bitcoin Trust disclosures and SEC filings. |