{"id":11636,"date":"2024-03-15T14:07:13","date_gmt":"2024-03-15T12:07:13","guid":{"rendered":"https:\/\/forklog.com\/en\/chainalysis-reports-37-6-billion-profit-for-cryptocurrency-investors-in-2023\/"},"modified":"2024-03-15T14:07:13","modified_gmt":"2024-03-15T12:07:13","slug":"chainalysis-reports-37-6-billion-profit-for-cryptocurrency-investors-in-2023","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/chainalysis-reports-37-6-billion-profit-for-cryptocurrency-investors-in-2023\/","title":{"rendered":"Chainalysis Reports $37.6 Billion Profit for Cryptocurrency Investors in 2023"},"content":{"rendered":"<p>In 2023, cryptocurrency investors achieved a total profit of $37.6 billion, according to the analytics firm <a href=\"https:\/\/www.chainalysis.com\/blog\/cryptocurrency-gains-by-country-2023\/\">Chainalysis<\/a>.<\/p>\n<p>This year proved significantly more successful than 2022, during which digital asset holders lost $127.1 billion. However, the record of $159.7 billion set in 2021 remained unbroken.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/q1rqsWJknMfV7aEdjqfszdRfP4BY8tSFpN-ocTzbxK-5jhq89VckzGMN2ituirL8sSrtKDK3ByoOsUcsqkHV_6uNswfuvAxYQfadEsqMtu4gz2detxHQTI3qcnDG7dsGQeFZWIMTzQCkI_DVv3gBOFI\" alt=\"Chainalysis Reports $37.6 Billion Profit for Cryptocurrency Investors in 2023\"\/><figcaption class=\"wp-element-caption\">Data: Chainalysis.<\/figcaption><\/figure>\n<p>Analysts noted that monthly figures remained relatively stable throughout the year. December was the most profitable month, bringing in $8.5 billion for crypto investors.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image-652-1024x488.png\" alt=\"image-652\" class=\"wp-image-228382\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/image-652-1024x488.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/image-652-300x143.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/image-652-768x366.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/image-652.png 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Chainalysis.<\/figcaption><\/figure>\n<p>The United States led by a wide margin with a total profit of $9.36 billion. The United Kingdom followed with $1.39 billion, and Vietnam rounded out the top three with $1.18 billion.<\/p>\n<p>In 2023, residents of Russia earned $1.04 billion from cryptocurrencies, while those in Ukraine made $0.85 billion, Kazakhstan $0.17 billion, and Moldova $0.15 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/mi_JpxfLkMQNmbrlPaKbX_V2NNyYK0R5NKFUbByo8jHUHXF3Gz8DWdWs5J8jd2yKCYn7NQ9VfNighFADZ9YmAlG2He03V5mMf46KcF3C_UlSCpVuLo5DLdc807Ecx91RLu6hk2XdS6-V9590Ri8tqXA\" alt=\"Chainalysis Reports $37.6 Billion Profit for Cryptocurrency Investors in 2023\"\/><figcaption class=\"wp-element-caption\">Data: Chainalysis.<\/figcaption><\/figure>\n<p>Chainalysis noted that leading countries in the list are those <a href=\"https:\/\/blogs.worldbank.org\/opendata\/new-world-bank-country-classifications-income-level-2022-2023\">with both higher and lower income levels<\/a>. Analysts attribute this to the active integration of digital assets into the traditional economy.<\/p>\n<p>As reported in the global cryptocurrency adoption ranking for 2023 by Chainalysis, India, Nigeria, Vietnam, the United States, and Ukraine topped the list.<\/p>\n<p>The highest annual cryptocurrency transaction volumes were recorded in the United States ($1 trillion), India ($260 billion), and the United Kingdom (~$252.1 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2023, cryptocurrency investors achieved a total profit of $37.6 billion, according to the analytics firm Chainalysis. This year proved significantly more successful than 2022, during which digital asset holders lost $127.1 billion. However, the record of $159.7 billion set in 2021 remained unbroken. Data: Chainalysis. Analysts noted that monthly figures remained relatively stable throughout [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,52,167],"class_list":["post-11636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-investments","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11636"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11635"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}