Solana, Ethereum, Bitcoin: the number of millionaires drops dramatically

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Number of Bitcoin addresses holding USD 1 million and above

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Investing.com – The , the and the moved in different directions on Friday, January 28, 2022. The was up 0.10% to $36,566, while Ether was down 1.85% to $2,396 and the down 1.30% to $89.21.

Bitcoin: the number of millionaires is decreasing

The recent downward trend in bitcoin has also inevitably led to a decrease in the number of BTC millionaires. According to data compiled by Finbold, the number of millionaires decreased by 28,186 between October 2021 and January 2022, a decrease of 24.26%.

Several variables caused this decline, as Finbold explained:

“a combination of factors such as regulatory concerns, turbulent markets, geopolitical unrest and Covid negatively impacted the asset’s performance.”

Ethereum put options increase downward pressure

This Friday, Ether is entirely in the hands of the bears, which are targeting fresh lows as $1.1 billion worth of options expire.

According to data from CoinGlass, call options dominate with a call/put ratio of 1.82, but this value is misleading because with the drop below the psychologically important $3000 mark, many options have become worthless.

If Ether stays below $2500, only call options worth $56 million are still in the running.

Solana: When will SPL tokens be available on Coinbase?

Last June, the CEO of Coinbase Global Inc (NASDAQ:) Brian Armstrong announced that the goal of the exchange is to list every legal asset. According to insiders, we are already looking beyond Ethereum and devote to Solana SPL tokens.

At the moment there is no information about the first tokens that will be included in the program, which will certainly change in the near future.

By Marco Oehrl

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