Crypto has survived worse than the fall of FTX: Chainalysis By Cointelegraph


Crypto has survived worse than the fall of FTX: Chainalysis

Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.

It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and that the industry should bounce back stronger than ever.

Exchange inflows of CEXes compared to DEXes between 2013 to 2022. Source: Chainalysis
Monthly service inflows for crypto before and after Mt. Gox collapsed. Source: Chainalysis