DeFi Whales Just Created the Biggest Crypto Economy in the World, According to Chainalysis

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Blockchain data platform Chainalysis says that a surge of institutional investment in the decentralized finance (DeFi) space has created the world’s largest cryptocurrency economy.

In a new report, the firm highlights the rise of the digital economy in Central, Northern, and Western Europe (CNWE), citing crypto whales pouring funds into DeFi starting in July of last year.

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