Chainalysis: Profits from crypto investments exceeded $162 billion in 2021, leading USA
April 21, 2022
0
Profits from investments in digital assets in 2021 reached $162.7 billion (in 2020 – $32.5 billion), US residents earned almost $47 billion. Such results were obtained at Chainalysis.
Profits from investments in digital assets in 2021 reached $162.7 billion (in 2020 – $32.5 billion), US residents earned almost $47 billion. Such results were obtained at Chainalysis.
2021 was another strong year #crypto prices.๐ธ Who benefited most? Let’s find out. Our latest blog reviews estimated actual crypto earnings by country. https://t.co/m5tZUR3dFC <<๐งตA THREAD>>
Investors come from the UK ($8.1 billion) in second place, Germany ($5.8 billion) and Japan ($5.1 billion) in third and fourth place. The top 5 were closed by residents of China ($5.1 billion).
Data: Chain analysis.
Russia ($4.3 billion), Ukraine ($2.8 billion), Belarus ($823 million) ranked 7th, 13th and 40th, respectively.
As the leaders in the adoption of cryptocurrencies, Turkey ($4.6 billion, 6th place), Vietnam (2.7 billion dollars, 16th place), Ukraine, the Czech Republic (1.9 billion dollars, 19th place) and Venezuela ($1.1 billion, 33rd place). In terms of GDP, countries rank lower than this rating. In the context of individual coins, profits from investments in Ethereum turned out to be slightly higher than in bitcoin – $76.3 billion versus $74.7 billion. so called boom DeFi protocols. It turns out that investors from Japan are committed to the first cryptocurrency – investments in Ethereum brought in profits of $ 790 million compared to $ 4 billion in Bitcoin.
Data: Chain analysis.
โThe report reflects the growth of the ecosystem in 2021, specifically DeFi. [โฆ] Cryptocurrency remains a source of economic opportunity for users in emerging markets.โsays document.
Recall that Chainalysis experts predicted the growth of crypto trading volume in Africa 13-fold in 2021.
Earlier, they acknowledged that the US and China have lost their leading role in the distribution of cryptocurrencies.
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.