{"id":10501,"date":"2024-02-07T14:35:51","date_gmt":"2024-02-07T12:35:51","guid":{"rendered":"https:\/\/forklog.com\/en\/crypto-investors-see-average-profit-of-888-in-2023\/"},"modified":"2024-02-07T14:35:51","modified_gmt":"2024-02-07T12:35:51","slug":"crypto-investors-see-average-profit-of-888-in-2023","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-investors-see-average-profit-of-888-in-2023\/","title":{"rendered":"Crypto Investors See Average Profit of $888 in 2023"},"content":{"rendered":"<p>The average realised profit for digital asset holders in 2023 was $887.6, compared to a loss of $7102 in the previous 12 months, according to estimates by CoinLedger, reports <a href=\"https:\/\/cointelegraph.com\/news\/crypto-investors-realized-gains-2023-coinledger\">Cointelegraph<\/a>.<\/p>\n<p>The cryptocurrency tax calculation platform analysed data from 500,000 clients, 80% of whom are residents of the United States, with the remainder from Australia, Canada, and other countries.<\/p>\n<p>The results for 2022 may have been influenced not only by the deteriorating cryptocurrency market conditions but also by the collapse of several major organisations.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;After the FTX collapse, there was a free fall in asset prices. The recent rebound highlights the industry&#8217;s resilience,&#8221;<\/em> commented CoinLedger CEO David Kemmerer.<\/p>\n<\/blockquote>\n<p>The largest average realised losses were recorded by Ethereum holders ($13,356.67). Bitcoin investors lost $1218.35. Terra (LUNA) owners lost $1157.46, Solana (SOL) $917.02, and Cardano (ADA) $856.43.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-906.webp\" alt=\"1-906\" class=\"wp-image-225548\"\/><figcaption class=\"wp-element-caption\">Data: CoinLedger.<\/figcaption><\/figure>\n<p>According to the report, the situation in 2023 changed amid banking collapses in the US and optimism regarding spot ETFs based on digital gold.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The data supports the assumption that Bitcoin holders are less likely to dispose of their coins than investors in other cryptocurrencies,&#8221;<\/em> the document states.<\/p>\n<\/blockquote>\n<p>This perspective was confirmed by on-chain analysis.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> whales are accumulating more <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>! Around 73 new whales now hold 1,000 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> or more, marking a 3.66% increase in two weeks. <a href=\"https:\/\/t.co\/VFArJYTQZl\">pic.twitter.com\/VFArJYTQZl<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1755165260741247023?ref_src=twsrc%5Etfw\">February 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Bitcoin whales are accumulating more coins! Around 73 new whales now hold 1,000 BTC or more, which is a 3.66% increase from two weeks ago,&#8221;<\/em> reported analyst Ali.<\/p>\n<\/blockquote>\n<p>Previously, the specialist predicted the duration of the digital gold rally following the halving.<\/p>\n<p>In February, analysts at DecenTrader warned that the first cryptocurrency would &#8220;test investors&#8217; resolve&#8221; with a sell-off after this event and would only update its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average realised profit for digital asset holders in 2023 was $887.6, compared to a loss of $7102 in the previous 12 months, according to estimates by CoinLedger, reports Cointelegraph. The cryptocurrency tax calculation platform analysed data from 500,000 clients, 80% of whom are residents of the United States, with the remainder from Australia, Canada, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,1252],"class_list":["post-10501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10501"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10500"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}