Crypto investors earned $163 billion in 2021, according to data from blockchain data company Chainalysis.
Chainalysis, one of the leading crypto data analytics companies, has published a blog post discussing the earnings of crypto investors. Accordingly, the company estimated that crypto investors made $163 billion from the crypto price boom last year.
US investors led earnings with $47 billion, 29% of that amount. It was followed by England, Germany, Japan and China.
92% from BTC and ETH
Predictably, the majority of earnings, 93%, came from Bitcoin and Ethereum. At this point, it was stated that the majority of DeFi protocols are built on Ethereum and that these protocols primarily use ETH.
Has Deficiencies
On the other hand, it was pointed out that the report is a rough estimate. The company basically tracked the difference between when funds were deposited and withdrawn from exchanges.
It was also noted that the difficulty of separating transactions into countries, as blockchain transactions do not contain geographic information. At this point, the data was based on transaction data and web traffic information.