"I m nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I m laughing because there s no point in exerting more depression and more frustration about it."
Bitcoin balances on crypto exchanges - where retail investors typically transact - have fallen to around 2.3 million from its 2020 all-time high of 3.1 million, exchange Bitfinex said.
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