Bitcoin Loses 26,653 Millionaire Addresses Amid Price Decline

Bitcoin's millionaire addresses declined by nearly 27,000 in the first half of 2026, according to Finbold's H1 2026 Cryptocurrency Market Report.

The number of Bitcoin addresses holding at least $1 million fell from 148,084 to 121,431 between January 1 and June 30, 2026, marking an 18% decline over the six-month period. This drop came as BTC's price plummeted from around $88,700 on January 1 to $58,315 on June 30.

Finbold found that the largest decline occurred among addresses holding between $1 million and $10 million, which fell by 23,727. Addresses holding $10 million or more declined by 2,835.

'The data shows how quickly Bitcoin's on-chain wealth distribution can shift when prices fall,' said Jordan Major, Chief Editor at Finbold. 'This does not necessarily point to widespread selling, but rather a price-driven reclassification of wallets that were previously above the millionaire threshold.'