According to the analysis by Chainalysis, the top 25 countries with the highest earnings in 2020 were determined. Bitcoin (BTC) was trading at $7100 at the beginning of 2020. BTC had a great rise towards the end of 2020 and closed the year at $ 28900 with an increase of 407 percent in 2020.
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Bitcoin has risen more than 4 times in 2020, allowing many investors to make incredible profits. In its report, Chainalysis has prepared an estimated report on which countries these investors are in and how much they are earning.
According to the report it shared about the year 2020, Chainalysis announced the countries that generate the most revenue from Bitcoin (BTC), and the USA is at the top of the list with $ 4.1 billion in revenue. The USA, which ranked first, was followed by China with 1.1 billion dollars and Japan with 900 million dollars.
According to the report shared by Chainalysis, 25 countries with the highest profits from Bitcoin (BTC)
- USA: $4.1 billion
- China: $1.1 billion
- Japan: $900 million
- United Kingdom: $800 million
- Russia: 600 million dollars
- Germany: 600 million dollars
- France: 600 million dollars
- Spain: 500 million dollars
- South Korea: $400 million
- Ukraine: 400 million dollars
- Netherlands: 400 million dollars
- Canada: $400 million
- Vietnam: 400 million dollars
- Turkey: 300 million dollars
- Italy: $300 million
- Brazil: $300 million
- Czech Republic: $300 million
- India: $200 million
- Australia: $200 million
- Poland: $200 million
- Argentina: $200 million
- Switzerland: $200 million
- Taiwan: $200 million
- Belgium: $200 million
- Thailand: $200 million
The report announced by Chainalysis consists of estimated values. Chainalysis says that while it prepares reports on cryptocurrencies, it monitors crypto exchanges entry, exit and price changes. They also analyze traffic data by country and present this report.
Due to the confidentiality of blockchain technology, it is quite difficult to prepare such a report, but an average estimation can be made with the developed financial tools. Chainalysis has prepared and shared this report with the tools it has developed. When the list is examined, the earnings may be different, but the order seems to be correct.
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