Analysis Firm: Investors’ Losses from Terra, Celsius and 3AC Collapse Exceed Those of FTX Crash
According to Chainalysis experts, the collapse of the Terra ecosystem, as well as the bankruptcy of Celsius Network and Three Arrows Capital led to more realized losses than those that arose after the collapse of FTX.
The amount of realized losses after the Sam Bankman-Fried exchange collapse was $9 billion, while the impact of the Terra, Celsius and Three Arrows Capital collapses is estimated at $20.5 billion and $33 billion, respectively.
Glassnode analysts have earlier said that the dynamics of realized losses went down, while there was a positive shift in onchain activity.