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 value of income (good!).
Glass half empty:
This wouldn’t have executed an excessive amount of to assist the $127B value of recorded losses in 2022 (oooft!).
Glass half full:
There’s likelihood folks might have taken extra income in 2023 (and made again their 2022 losses), however have 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 manner by means of March simply but.
So when these income are realized (aka these cryptocurrencies are transformed into stablecoins), traders must be flush once more.
We — and this can’t be pressured sufficient — like to see it.
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