Report: Average Crypto Investor Profit in 2024 Reaches $5,482

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The average realized profit of digital asset holders in 2024 amounted to $5,482, compared to $888 in the previous 12 months. These estimates were provided by specialists from the tax platform CoinLedger, according to The Block.

The highest unrealized profits came from Bitcoin, Hyperliquid, SuperVerse, Shiba Inu, and Render.

“We are in a crypto bull market. The results of the 2024 presidential election have taken enthusiasm for digital assets to new heights,” commented CoinLedger CEO David Kemmerer.

The biggest losses were associated with Ethereum, Cardano, Polkadot, Cosmos, and Cronos.

CoinLedger’s user base includes over 500,000 crypto investors, with 80% residing in the U.S., 6% in Australia, 5% in Canada, and 9% in other countries.

Bitcoin remains the most popular asset among holders for the second consecutive year, followed by Ethereum, XRP, and Cardano.

Ledger ranked first among the most commonly used wallets for data imports on the tax platform, indicating a growing focus on hardware solutions.

Trailing behind were MetaMask, Phantom, Coinbase, and Trust Wallet, which outpaced Ledger’s competitors Tangem and Trezor.

Binance lost its top position for user data imports, overtaken by Coinbase. Crypto.com dropped to third place, while Kraken ranked fourth in popularity.

Despite Binance.US suspending USD deposits and withdrawals in June 2023, it remained in the platform’s top five in 2024, followed by Robinhood and KuCoin.

Earlier, experts predicted Ethereum’s dominance over Solana.

Reminder: Ethereum developer Justin Drake forecasted the transition of ETH to “ultra-sound money” status due to expected emission reductions and a supply cap similar to digital gold.