A report says that when Bitcoin's price goes up very high, fewer people are making a lot of money and getting more than $1 million in their digital wallets. Last year, many more people got over $1 million every day, but now it's slower. There could be different reasons, like big holders of Bitcoin selling some of it to make even more money or keeping it in special services instead of their own wallets. Read from source...

1. The title is misleading and sensationalist, implying that the number of new millionaire wallets is directly correlated with Bitcoin's price peaks, when in reality it depends on various factors such as market conditions, investor sentiment, and whale activity. A more accurate title would be something like "New Millionaire Wallets Slow Down As Bitcoin Reaches $72K".
2. The article contradicts itself by stating that the creation rate of new millionaire wallets is not as high as during the bullish streak of 2021, but then mentions that the peak for this year was on March 1 with 1,691 new millionaire wallets. This number seems to suggest a relatively high creation rate compared to previous years or months.
3. The article relies heavily on a single report from Kaiko, without providing any additional context, evidence, or counterarguments. This makes the article seem biased and unreliable, as it does not present a balanced view of the market dynamics. A more thorough analysis would include data from other sources, such as Coinmetrics, Glassnode, or Bitcoin Treasuries.
4. The article uses vague terms like "several factors" and "possibility" without explaining what they are or how they affect the creation of new millionaire wallets. This makes the article seem shallow and superficial, as it does not delve into the underlying causes or mechanisms behind the observed trends. A more insightful article would provide specific examples and explanations for each factor, such as the impact of institutional adoption, regulatory changes, or network effects on the Bitcoin market.

Neutral

Summary: The article discusses how the number of new millionaire wallets is not as high as it was during the bullish streak of 2021. Several factors might explain this slower growth rate, such as capital not fully entering the market yet, large-scale Bitcoin holders cashing in on their profits, or whales choosing to keep their Bitcoin in custodial services instead of personal wallets.