Data from UBS and Credit Suisse’s 2023 global wealth report, some 59.4 million people with capital of more than one million dollars. With the advent of cryptocurrencies, the population of millionaires has also increased, but not as much as expected.

The cryptocurrency world has experienced major setbacks in recent months with the gradual decline of major sector whales. FTX and Alameda Research were the first to fall, which ended with Sam Bankman-Fried going to jail, but gradually dragged along other millionaire investors like Don Kwon of LUNA and Terra USD, and Changpeng Zhao, who managed to stop Binance’s decline.

Only a few millionaires for all this noise

According to a report published by consulting firm Henley & Partners at the end of 2023 on global trends in wealth held in cryptocurrencies among users around the world, globally There are only 88,200 people earning between $1 and $99 million investing in cryptocurrencies. Of this percentage, only 40,500 people increased their wealth by investing in Bitcoin.

“Given the more than 20 million global millionaires based on investable net worth (consisting of listed stocks, cash and property), cryptocurrency millionaires represent only a small fraction,” a spokesperson for Henley & Partners said.

As we add millions to the count, the population of millionaires decreases and becomes largely 182 millionaires with over $100 million worth of cryptoIf divided by Bitcoin investment, the number of centillionaires drops to 78.

Report ‘‘Crypto Asset Report’ It estimates that there are approximately 425 million cryptocurrency investors worldwide, and 210 million of them focus their investments on Bitcoin. Of all of them, only 22 have amassed a fortune of more than a billion dollars based on investment portfolios distributed across different cryptocurrencies, while only six have done so by risking everything on the value of Bitcoin.

The report shows that by country, the largest number of millionaires basing their investments on cryptocurrencies are concentrated in the United States. These are followed by India, China, Brazil and Russia.

Considering factors such as public adoption, infrastructure adoption, and regulatory environment, three countries stand out where the majority of these investments are directed; Singapore, Switzerland and the United Arab Emirates come first, followed by other ports for cryptocurrency investments. Such as Hong Kong, Australia, United Kingdom, Canada, Malta and Malaysia.

Bitcoin price reached its historical peak yesterday, breaking the $69,040.10 ceiling set in November 2021. With this new price record, a rise begins that will significantly increase the wealth of those who maintain their trust in Bitcoin. is traveling in the desert with the falling prices it has experienced in recent months.

Some Leading investors drew attention A few days ago, this would have been a good scenario for Bitcoin to hit record prices at $250,000 in the coming weeks. Official institutions such as the European Central Bank were more limited in their forecasts.

In any case, the history of bitcoin prices has left many bodies along the way, so the general rule of thumb when moving your investments right now would be to be careful, or else I’m one of six special millionaires thanks to bitcoin I changed bands.

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