FOMO Warning from CZ as Number of Bitcoin Millionaires Triples!

SEC’s potential approval of spot Bitcoin ETF BTC and altcoins, BTC price approached $38,000 last week.

At this point, according to Finbold’s news, the price of BTC is increasing again after a long time. There has also been an increase in the number of Bitcoin millionaires.

According to BitInfoCharts data, Bitcoin The number of millionaires was 81,717, an increase of three cards since January 5.

The number of BTC millionaires, which experienced a 215% increase, was 28,084 in January.

It was stated that the number of addresses holding at least $1 million worth of Bitcoin was 81,962, while the number of addresses holding at least $10 million worth of Bitcoin was 6,649.

This increase in the number of millionaires Binance CEO CZIt also caught the attention of. Sharing from his account X, CZ warned investors not to get caught up in FOMO.

Quoting Finbold’s news about the increase in the number of Bitcoin millionaires, CZ said:

“This data is likely based solely on on-chain data.

But please don’t FOMO.

More than 60,000 Bitcoin millionaires emerged in 2023, a 3x increase since January.”

This is probably based on only on-chain data. 🤷‍♂️

But please don’t FOMO. 🙏

—

Over 60,000 Bitcoin millionaires emerge in 2023, 3x more since January https://t.co/Yfs6fr8mPR

— CZ 🔶 Binance (@cz_binance) November 13, 2023

*This is not investment advice.