Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin

A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin (

The report did not explicitly mention the names of the crypto millionaires and billionaires. Among those well known in the space include Digital Currency Group founder and CEO Barry Silbert, Gemini co-founders Cameron and Tyler Winklevoss, Binance CEO Changpeng Zhao, Coinbase CEO Brian Armstrong, Ripple co-founder Chris Larsen, and MicroStrategy executive chair Michael Saylor.

Amid the crypto market crash of 2022, the number of crypto wallet addresses holding the equivalent of more than $1 million dropped by roughly 80,000. Forbes reported in December 2022 that many major players in the industry lost more than $116 billion following bankruptcies of exchanges and the bear market.

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