Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021

Blockchain information analytics steadfast Chainalysis has recovered that the full cryptocurrency gains worldwide amounted to $163 cardinal successful 2021, which was 5x the erstwhile twelvemonth oregon a 400% increase.

Chainalysis connected Crypto Gains Worldwide

Blockchain investigation steadfast Chainalysis published a blog station past week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads arsenic Gains Skyrocket Around the World.”

The steadfast explained that its estimates are based connected a operation of web postulation information and its transaction data, including “on-chain, macro-level flows of each crypto assets” it tracks.

Noting that “2021 was different beardown twelvemonth for cryptocurrency,” the steadfast wrote that for each cryptocurrencies it tracks:

Investors astir the satellite realized full gains of $162.7 cardinal successful 2021, compared to conscionable $32.5 cardinal successful 2020.

The U.S. leads by a wide borderline astatine astir $47 cardinal successful realized cryptocurrency gains, followed by the U.K., Germany, Japan, China, Turkey, Russia, France, South Korea, Canada, and Spain.

Chainalysis besides provided estimated cryptocurrency gains by state by coin. The blockchain information analytics steadfast described:

The astir notable inclination present involves Ethereum gains. Ethereum conscionable edged retired bitcoin successful full realized gains globally astatine $76.3 cardinal to $74.7 billion.

“We judge this reflects accrued request for Ethereum arsenic the effect of defi’s emergence successful 2021,” the steadfast continued, emphasizing that astir decentralized concern (defi) protocols are built connected the Ethereum blockchain and usage ETH arsenic their superior currency.

Nonetheless, Chainalysis noted: “While astir idiosyncratic countries travel this pattern, determination are immoderate notable exceptions. Japan, for instance, received a overmuch higher stock of realized gains from bitcoin astatine conscionable nether $4.0 billion, compared to conscionable $790 cardinal successful realized Ethereum gains.”

What bash you deliberation astir Chainalysis’ findings? Let america cognize successful the comments conception below.

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