Chainalysis calculated how much crypto investors earned in a year

In 2023, crypto investors received a total profit of $37.6 billion, the analytics company reported. Chainalysis.

Last year was many times more successful than 2022, during which holders of digital assets lost $127.1 billion. However, the 2021 record of $159.7 billion could not be repeated.

According to analysts' findings, month-on-month indicators were relatively stable throughout the year. December was the most profitable – it brought crypto investors $8.5 billion.

Among the countries, the USA was in the lead by a wide margin with a total profit of $9.36 billion. The UK was in second place with $1.39 billion. Vietnam also entered the top 3 with $1.18 billion.

Residents of the Russian Federation earned $1.04 billion from cryptocurrencies in 2023, Ukraine – $0.85 billion, Kazakhstan – $0.17 billion, Moldova – $0.15 billion.

Chainalysis noted that the top of the list are countries with upper- and lower-middle incomes. Analysts cite the active introduction of cryptocurrencies into the traditional economy as one of the reasons.

In the global cryptocurrency adoption ranking for 2023 from Chainalysis, the first places were taken by India, Nigeria, Vietnam, the USA and Ukraine.

The largest figures for the annual volume of crypto transactions are in the USA ($1 trillion), India ($260 billion) and the UK (~$252.1 billion).

Source: Cryptocurrency

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