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Bitcoin blockchain lost more than 20 thousand cryptocurrency millionaires in just two months

11:16 am, February 27, 2026

Bitcoin BTC $66,621.22 Mezo Wrapped BTC -2.40% Market capitalization $36.58 million VOL. 24 hours $1.4 billion lost more than 20 thousand millionaires in just two months of 2026. According to analysts, the number of addresses with more than a million dollars in BTC decreased by 15.7% - from 131 thousand to 110 thousand. At the same time, the number of wallets with more than $ 10 million decreased by almost 2.6 thousand.

The reason was a sharp drop in the exchange rate after a record growth in the fall of 2025, when the price of bitcoin exceeded $ 125 thousand. By the end of February 2026, it had lost about half of its value, which led to large-scale losses for investors.

In total, the cryptocurrency market fell by $ 800 billion in capitalization in 2026, of which $ 510 billion was accounted for by bitcoin. This was the largest collapse after a long period of optimism when institutional investors actively supported digital assets.

Despite the drop, some financial institutions remain optimistic. Bernstein analysts predict a possible recovery to $ 150,000, while Standard Chartered maintains a target of $ 100,000. At the same time, other experts warn of the risk of reaching «cyclical lows.»

The uncertainty is exacerbated by the lack of final legal regulation of cryptocurrencies in the United States. Although 2025 has brought favorable conditions for the industry, the sweeping framework for digital assets has still been postponed, adding to market instability.

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BTC

$66,621.22

-2.40%

ETH

$2,012.27

-4.18%

BNB

$623.09

-1.40%

XRP

$1.40

-3.93%

SOL

$86.21

-3.01%

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