The Bank for International Settlements (BIS) has shared a detailed report on the damage incurred as a result of the Terra (LUNA) collapse and the FTX bankruptcy.
The Bank for International Settlements has released a detailed report on the damage done by the Terra and FTX collapse. In the report, the cryptocurrency market terraafter the collapse of May 2022 from 450 billion dollars more and FTXafter its bankruptcy in November 200 billion dollars reported to have lost more.
In the calculation system of the report, which was prepared as a result of the analysis of on-chain data collected from IntoTheBlock and the crypto money exchanges in 95 countries, users invested in Bitcoin “on the day they downloaded the application” and that each new user downloaded the first application in the month and every month thereafter. buy 100 dollars bitcoin assumed to have been received.
In addition, almost three-quarters of users August of 2015 from month In the process until December 2022 bitcoin price When over $20,000 revealed that he was downloading applications belonging to crypto exchanges.
From this perspective, an average investment of one thousand dollars by December 2022 approximately at 50% loss It was concluded that. On the other hand, this rate of loss Brazil, India, Pakistan, Thailand And Turkey It was emphasized that in countries such as The report also noted that larger investors may have profited from the losses of smaller investors.
On the other hand, the losses in question were not experienced only in the crypto money markets. Last year, US investors, lost $9 trillion due to falling stock prices.