Crystal Analytics: DNMs and Bitcoin Mixing

According to a report by the blockchain analytics firm Crystal Blockchain, so-called “darknet entities” sent $67 million in Bitcoin to various mixers in Q1 2020. This is a 65% increase compared to the transactions recorded in Q1 2019. The actual amount of Bitcoin dropped significantly in the same period.

Key Findings:

This graph shows the relationship between the amount of bitcoin sent and received by darknet entities since Q1 2017.

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