Finbold's Q1 2025 Cryptocurrency Market Report indicates a significant decline in Bitcoin millionaire addresses since Trump's inauguration, falling from 176,364 to 141,627, marking a 19.70% decrease. The report reflects mixed sentiments, as optimism surged prior to the inauguration, contributing to overall gains in millionaire addresses. However, the subsequent months saw a drop of nearly 35,000 millionaire Bitcoin wallets. Despite this downturn, researchers noted an underlying resilience in the market, as the number of millionaires still exceeded figures from late 2024, hinting at sustained investor interest.
"Despite the turmoil and the disappearance of nearly 35,000 BTC millionaires since the Inauguration, some of the initial optimism surrounding Trump's White House return was still evident at the end of Q1 2025, with 9,079 more millionaire Bitcoin addresses than there were on November 6, 2024."
"Specifically, there were 176,364 BTC millionaires when Trump took office, with that number crashing to 141,627 at the end of the first quarter (Q1) of 2025."
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