$163 billion in gains were made by crypto investors in 2021
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People are getting rich by investing at the right time. The crypto boom of 2021 just made it easier for them.
Stories of investors making millions in crypto profits are not that uncommon. But 2021 sure was a glorious year for crypto enthusiasts. Picture this: all the crypto investors in the world gained about $162.7 billion, according to blockchain analytics firm Chainalysis.
This number is almost ridiculous, especially compared to the previous year’s. In 2020, crypto investors only made 32.5 billion in profits. That’s a 400% increase year-on-year.
Almost a third of all crypto gains in 2021 were made by American investors. They made about $47 billion, or 29%. The second place is occupied by their British counterparts, who earned $8.1 billion in profits.
Next are German investors; they made $5.8 billion. Japanese investors are in fourth place with $5.5 billion. The last in the top 5 are Chinese investors, who earned just a little over $5 billion.
Speaking of cryptocurrencies that made their owners rich, the highest realized earnings asset is Ethereum. ETH investors from all over the world made $76.3 billion. Bitcoin came second with $74.7 billion.
All in all, the researchers concluded that 2021 was a good year for crypto investors. But are investors’ profits going to rise in 2022? Let me know what you think in the comments.
Source: Chainalysis
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