According to BlockBeats, the number of Bitcoin addresses holding over $1 million saw a significant increase in the first half of 2025. The total number of millionaire addresses rose by 26,758, climbing from 155,569 at the beginning of the year to 182,327 by the end of June.

Interestingly, most of this growth occurred in the second quarter. During the first quarter, the number of millionaire addresses actually decreased by 13,942, dropping from 155,569 on January 1 to 141,627 by March 31. The recovery of high-value wallet addresses reflects strong buying activity during the market downturn earlier this year and a resurgence in institutional demand following the launch of a U.S. spot Bitcoin ETF.