Data from the cryptocurrency exchange Coinbase also shows that in the week following the outbreak of the wildfire, the Bitcoin trading volume from Los Angeles and surrounding areas surged, particularly in large transactions. Tech industry insiders revealed that the proportion of tech talent in Silicon Valley and Los Angeles investing in cryptocurrency is relatively high, and the devastating impact of the wildfire forced them to opt for short-term cashing out.

A representative of a disaster-stricken family, who wished to remain anonymous, stated: "We lost almost everything in the fire, but we are grateful for our prior cryptocurrency investments; these assets allowed us to quickly raise funds and start over."