According to statistics, about 91% of Russian investors are long-term cryptocurrency holders.
The Russian Federation has become one of the leaders in the growth of demand for cryptocurrency, follows from the report of the Huobi cryptocurrency exchange.
The document states that the number of exchange accounts registered by residents of Russia has grown by 212% since the beginning of 2021.
According to statistics, about 91% of Russian investors are long-term cryptocurrency holders.
Crypto investors from Russia distribute their investments as follows: 36% Bitcoin, 27% Ethereum, 18% Tether (USDT) and 10% Dogecoin.
Huobi analysts concluded that Russian crypto investors have a lot of confidence in cryptocurrency, but also show a high degree of FOMO (fear of loss of profits).
At the beginning of June, it became known that in 2020 the residents of Russia earned $ 600 million on the growth of bitcoin. The rating of profitability was headed by crypto investors from the United States, who last year managed to earn $ 4.1 billion on the main cryptocurrency.