Who earned how much on #Crypto ?
🟢 The USA leads by a huge margin - $9.36 billion.
🟢 Russia is in 7th place - $1.04 billion
🟢 Ukraine is in 12th place - $850 million.
This data was provided by Chainalysis.
❔ How did they determine income? Analysts analyzed on-chain data in blockchains, tracking the movement of crypto assets on different platforms where they can be converted into fiat. Web traffic data is used to break down profits by country. The methodology is far from ideal, but according to Chainalysis, it produces fairly accurate numbers.
It is important to consider the fact that not all assets were converted into fiat. Many investors left them in anticipation of further growth.