The largest crypto investors have collectively lost about $116 billion in personal wealth since March 2022.
Apart from those that lost a significant portion of their net worth, a handful of other industry players no longer belong to the billionaire category.
The crypto market bloodbath does not spare even the strongest among the industry players. Some of the wealthiest investors have witnessed their net worth plummet in 2022. Founders and key investors are seeing their wallets drained by a bear market and a series of bankruptcies. According to a Forbes report, the largest crypto investors have collectively lost about $116 billion in personal wealth since the beginning of March 2022.
Source: Forbes
The Biggest Losers
In addition, the report indicates that the loss represents the combined total equity of 17 influential people in the digital asset space. However, of the total number of individuals affected, more than 15 have lost over half of their funds since the start of March, with t
