Here are 4 Altcoins That Whales Are Pouring Money With!

According to the latest report from CoinShares, institutional funds invested in cryptocurrencies so far this year have already exceeded the amount in 2020. Digital asset inflows among bitcoin and altcoin asset managers reached $8.9 billion after 12 consecutive weeks of entry.

Institutional coins went to these altcoin projects

Cryptocurrency investment products witnessed $174 million in inflows last week, recording the twelfth consecutive weekly inflow. Crypto-asset inflows have already reached $8.9 billion, breaking last year’s record of $6.7 billion. cryptocoin.com Total assets under management also reached an all-time high of $80 billion, according to CoinShares, whose data we frequently include.

During its eight-week bull run, the leading cryptocurrency Bitcoin (BTC) saw total inflows of $2.8 billion, with record inflows of $6.4 billion from year-to-date. Entries from the pioneering cryptocurrency account for two-thirds of all entries to date. The second-largest cryptocurrency, Ethereum (ETH), saw $31 million in inflows; also gained momentum with the bullish sentiment last week. Popular altcoins including Polkadot (DOT), Solana (SOL) and Cardano (ADA) witnessed inflows of $9.6 million, $8.5 million and $5 million respectively.

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