Chainalysis: The impact of Terra and Celsius on the crypto market is greater than that of FTX
ChainCatcher news, The Block cites Chainalysis data stating that from a market perspective, the collapse of FTX is not the most impactful event for cryptocurrency investors this year. The collapse of Terra's UST caused actual losses of $20.5 billion for investors, while the bankruptcies of Celsius and Three Arrows Capital resulted in losses of $33 billion. The collapse of FTX caused $9 billion in realized losses. (source link)
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