Why are crypto millionaires increasing every year?
Many individuals start investing in cryptocurrencies due to the great success stories that can be found all over the internet.
Whales of cryptocurrency investors who bought tens and hundreds of dollars worth of Bitcoin (BTC) have hodl for years are among the main crypto enthusiasts.
The crypto market is growing every day allowing many opportunities for crypto investors as well as crypto whales to grow their assets and become crypto billionaires.
How many crypto millionaires are there?
In total there are 19 crypto millionaires so far, but it is uncertain whether Satoshi Nakamoto and Vitalik Buterin will be included in this group of rich crypto investors in the future.
These 19 crypto millionaires managed to earn their fortunes in BTC investments or their own blockchain companies. In particular, Alex Atallah and Devin Finzer from OpenSea, Chris Larsen and Jed McCaleb from Ripple as well as Brian Armstrong from Coinbase.
A total of 16 have US passports out of the 19 wealthy crypto investors. This is because, the identity of BTC creator Satoshi Nakamoto is unknown and this cannot determine if there is another seventeenth American crypto millionaire in the world.
Who is the richest crypto billionaire?
The CEO and founder of Binance, Changpeng Zhao (CZ) is the richest crypto billionaire in the world as he has assets of over 20 billion and owns over 70% of Binance shares.
Binance is one of the crypto companies that owns a large amount of BTC as well as providing millions of people with the ability to trade and invest in Bitcoin and altcoins.
Who is the youngest crypto billionaire?
The latest crypto billionaire is Sam Bankman-Fried, CEO and founder of FTX Exchange.
Previously Vitalik Buterin, CEO and founder of Ethereum became the youngest crypto millionaire after the price of Ether (ETH) increased.
Who are the biggest BTC holders?
Satoshi Nakomato has more than 1 million BTC which makes him the largest BTC holder.
The company Grayscale holds 600,000 BTC, while Binance has 400,000 BTC.
Bitfinex and OKX hold 200,000 BTC
MicroStrategy and Black.one have 100,000BTC