The first 100 days of Donald Trump‘s presidency have been marked by a sharp decline in the wealth of Bitcoin (BTC) holders.
According to Finbold research, from January 21 (Trump’s first full day in office) to April 30, the number Bitcoin-billionaires decreased by 13,22%.
January 21 157,563 Bitcoin-addresses had a balance from $1 million to $9,99 million, on April 30 there were 12,61% fewer of them — 137,694 (BitInfoCharts data via Wayback Machine). Thus, their number decreased by 19,869 wallets.
The situation is even worse for addresses containing $10 million or more in BTC, as their number has decreased from 18,801 to 15,360, a decrease of 18,30% or 3441.
The average loss is 233 BTC millionaire addresses per day for 100 days.
All of the above indicators could have been even worse if Bitcoin did not go on a sudden rise in the second half of April, which took it from lows around $75,000 to stabilize just below $95,000. By comparison, on January 21, the main kriptovalyuta The world price was $102,204.
Let’s not forget that one person can own several wallets, so the real number Bitcoin- millionaires are not so easy to identify. Quite often, coins are distributed between several wallets to reduce the risk of theft.