I don't think the number of people who got burned matters that much. It's rather the perception of crypto. After Mt. Gox came a new wave of hope, new hype, new narratives. What will come after this crypto winter? More and more people see that crypto is not useful. That almost all crypto activity is trading one crypto asset for another in some sort of casino. Crypto is not making people's daily lives better. It's not used in real world finance or other practical applications.