According to data shared by digital asset manager CoinShares, there was a net 97 million dollars from institutional funds in the cryptocurrency market in the past week. dollar money was out.
In the data shared on the official blog page of Coinshares, 2nd week in a row said to continue.
Stating that fund outflows took place both in Europe and America, Coinshares stated that the fund outflow took place in both Europe and America. 88% of it came from investors in Europe. explained.
from bitcoin last week 72.8 million dollars, from Ethereum $27.1 million money outflow. Altcoins, which have been money inflows for a long time, also had money out this week. There was an outflow of 700 thousand dollars from Cardano and Solana.
A total of 73 million dollars outflow was made in bitcoin during April. $196 million money was out. Weekly volumes in investment products are compared to the annual average. 32% experienced a decline.
last week total 27.1 The total outflow of Ethereum funds, which have experienced a million-dollar outflow, since the beginning of the year is approximately 155 million dollars it happened.
CoinShares said that since last week, continued money outflows profit sale He thinks he’s showing what he’s doing.