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[Delio] Shocking Results on the Crypto Market Impact due to the FTX Meltdown

Prior to November 2022, FTX was acknowledged as one of the biggest cryptocurrency exchanges in the world, rapidly gaining notoriety. Sam Bankman-Fried co-founded the exchange in 2019 and has been its largest shareholder since its debut.

Delio reveals shocking results detected via the survey regarding the recent FTX crisis affecting individual investors and interest in the future cryptocurrency market.

According to the survey results, among 95 participants, over 48% have been investing in cryptocurrencies for more than 3 years, around 15% for between 2 and 3 years, 21% for 1–2 years and the rest of the participant have less than a year investment background.

The survey results show that the majority of the participants invested over $100,000 in digital assets, and more than 34% put over $10,000 in the investment.

Despite the fact that most of the participants invested $10,000 and more, over 62.7% claimed that no financial loss was occurred followed by the FTX meltdown, and only 37.3% declared the opposite.

Among those who have stated about the financial loss, over 31% said that the damage was not significant compared to what they accounted for rating in between $1,000 and $10,000.

As a result of this meltdown, the majority sees the future prices of cryptocurrencies to be more likely to decline.

Notably, regardless of the future prices rates 48.8% are sure to maintain the current investment amount giving a promising industry’s recovery future.

Would like to learn more about cryptocurrency’s fate due to FTX collapse?

Check out <Virtual Talk>weekly report.

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Delio Digital Asset Finance Group, established in 2018, is №1 fintech company based in Seoul and acquired digital asset licenses from Korean and US governments.