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TL;DR
Full Story
Chainalysis simply launched some new information that despatched us on a rollercoaster of emotional sentiment shifts.
And it went one thing like this…
Glass half full:
In 2023, crypto traders realized $38B price of earnings (good!).
Glass half empty:
This wouldn’t have performed an excessive amount of to assist the $127B price of recorded losses in 2022 (oooft!).
Glass half full:
There’s an excellent probability individuals might have taken extra earnings in 2023 (and made again their 2022 losses), however had been patiently holding out for the anticipated 2024/2025 bull run.
Glass full to the brim and spilling over:
The crypto market has grown by 1 TRILLION {dollars} in 2024, and we’re not even half method by means of March simply but.
So when these earnings are realized (aka these cryptocurrencies are transformed into stablecoins), traders ought to be flush once more.
We — and this can’t be harassed sufficient — like to see it.
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