TL;DR
Full Story
Chainalysis simply launched some new knowledge that despatched us on a rollercoaster of emotional sentiment shifts.
And it went one thing like this…
Glass half full:
In 2023, crypto buyers realized $38B price of income (good!).
Glass half empty:
This wouldn’t have finished an excessive amount of to assist the $127B price of recorded losses in 2022 (oooft!).
Glass half full:
There’s a superb likelihood folks may have taken extra income 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 means by March simply but.
So when these income are realized (aka these cryptocurrencies are transformed into stablecoins), buyers must be flush once more.
We — and this can’t be burdened sufficient — like to see it.
