Total realized gains for crypto investors last year: $37 billion

"Total realized gains for crypto investors last year was $37 billion," reports Cointelegraph, citing a report from Catalyst. This is a significant rebound from the $127 billion lost in 2022. "Despite similar two-year cyclical gains in crypto prices, total realized gains in 2023 were smaller than the $159.7 billion in 2021," the report said. "This suggests that most investors did not cash out of cryptocurrencies amid growing expectations of further price appreciation."