🔔 Let's look at the winners in the current bull market. Who really made money?

First, let's exclude those VCs who didn't make a lot of money. Although they invested in many projects, the real gains have to wait until the project issues coins. Most of the retail investors are speculating on meme coins and altcoins. Although some people occasionally win prizes, most of them are just gambling in high-risk contract transactions.

They are not retail investors either. Most of them are involved in speculating on meme coins, altcoins, and even opening high-risk contract transactions. Although there are definitely examples of making money, these people are only a very small number, similar to the probability of winning the lottery. The vast majority of retail investors did not realize the expected profits in this bull market.

So who are the real winners?

Bitcoin holders: From $25,000 last year to $65,000 now, their investment has turned a big somersault. With the fluctuations in market sentiment and the influence of the macroeconomic situation, Bitcoin still has a lot of room for growth.

Centralized exchanges: These exchanges make a lot of money through transaction fees. Although they face regulatory risks, their profits are staggering.

CeFi platforms: For example, Tether, they also made a lot of money in this bull market. Tether made $4.7 billion in the first quarter alone, and other platforms that provide financial services also made a lot of money.

High-market-cap coin issuance projects: Those coin issuance projects with high market value and the main purpose of selling coins. Although the operation of the project itself is worrying, they still make a lot of profits by manipulating market prices.

Operation teams of public chains and DeFi products: It is important to note that some operation teams of public chains and DeFi products, such as Uniswap, have made considerable profits by charging transaction fees, although most of these profits flow into the team.

There are also some teams, such as quantitative investment teams, who make hard-earned money and will not be listed one by one. If anyone has more discoveries, please reply to the message to make me envious.

Although retail investors have participated in the hype of meme coins and altcoins, the real money-makers are those who hold Bitcoin, operate exchanges, CeFi platforms, or issue coins with high market capitalization. In this bull market, rational investment and long-term holding are often the most profitable strategies.