CoinLedger is a tax and portfolio tracking software platform for cryptocurrency investors. Today, hundreds of thousands of investors all over the world leverage CoinLedger to track their digital assets.
Here, we'll break down the average amount of realized loss by type of cryptocurrency.
2022 was one of the worst years for crypto since its inception. Between the collapse of cryptocurrencies like Luna and exchanges like Celsius, FTX, and Voyager, the cryptocurrency market lost a total of $3.9 billion of value!
The stats above highlights how the 2022 cryptocurrency collapse impacted the average retail investor.
CoinLedger serves hundreds of thousands of retail crypto investors around the world. Our team calculated average losses by aggregating data from US customer tax reports. For more tax information, view this guide on crypto taxes.
