Who are the crypto millionaires and what are they buying?

  • Globally, there are over 240,000 crypto millionaires, including 70,000 new holders, alongside 450 crypto multi-millionaires and 36 crypto billionaires.
  • These individuals are driving significant real-world spending, with an estimated $200 billion in new expenditures this year, as they spend about 10 cents for every dollar of crypto wealth.
  • Spending trends are shifting from luxury items like Lamborghinis to major investments such as houses, particularly in areas with high crypto user concentrations, which have seen above-average house price increases during bull markets.
Summary

CNBC's latest episode, "The Birth of a Crypto Millionaire," analyzed and reviewed the latest data and profiles of crypto millionaires:

Globally, over 240,000 people hold over $1 million in crypto assets, including 70,000 new holders. Furthermore, there are 450 crypto multi-millionaires (with assets exceeding $100 million) and 36 crypto billionaires, a rapidly expanding group.

These newly wealthy individuals are driving real-world consumption and investment trends. Economists' research shows that for every dollar of new crypto wealth, investors spend an average of 10 cents, resulting in an estimated $200 billion in new spending this year. As early investors mature into their 30s and 40s, buying a Lamborghini is gradually being replaced by buying a house. Data shows that areas with high concentrations of crypto users have experienced significantly higher-than-average house price increases during the bull market.

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Author: PA影音

This content is for informational purposes only and does not constitute investment advice.

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