According to a new Finbold study, President Donald Trump’s first 100-day inauguration has seen a sharp drop in Bitcoin (BTC) holders’ wealth. Despite the surge in optimism following the historic November 2024 reelection.
The billionaire was welcomed with his procrypt rhetoric, and thus Bitcoin surged to a new all-time high (ATH) of over $109,000 in his expected return to the White House, but his actual presidency has been more bearish than bullish.
With the first 100 days in President Donald Trump’s office, Finbold’s study revealed between January 21 (Trump’s first tenure) and April 30, the actual policy environment under his administration coincided with a 13.22% decline in Bitcoin billionaires’ addresses.
There was an address of $157,563 on January 21, a bitcoin ranging from $1 million to $9.99 million on January 21, and a 12.61% less on April 30 – from 137,694 to each data obtained from bitinfocharts via Wayback Machine. In total, 19,869 such addresses were lost.
Relatively speaking, the number fell by 18.30%, down 3,441 from 18,801 to 15,360, making the situation worse for addresses holding more than $10 million worth of BTC.
The average loss is the address of 233 btc billionaires per day in the first 100 days.
Trump will wipe out nearly 3 million BTC addresses in 100 days
This change wasn’t just about feeling wealthy. The total number of Bitcoin holding cryptocurrency more than a dollar did not suffer as big a fall as a billionaire, but he still took office in President Trump’s first 100 days.
On January 1st there were 91 million such holders, and on April 30th there were 88 million. This means that the total figure has decreased by 3.28%. That’s down nearly 3 million.
What makes the difference in the months between President Trump and President Trump even more phenomenal is that if Bitcoin had not entered the surprise rally in the second half of April, the losses had deteriorated significantly. Release date In just a few weeks, it has been a little more stable at $95,000 to a relatively stable level of nearly $75,000.
For comparison, the world’s best cryptocurrency was $102,204 on January 21st.
Finally, it is worth remembering that the actual differences in the number of billionaires are uncertain, as one person can own multiple wallets.
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