Institutions Turned To Altcoins Instead of Bitcoin: Here Are 3 Featured Cryptocurrencies!

While Bitcoin (BTC) was trying to hold above the $27,000 levels, institutional funds in the crypto money market were out for the fourth week in a row.

In the data shared on the official blog page of Coinshares, institutional crypto money funds 4th week It was also stated that there was an exit. According to data this week 54 million dollars it was out. Almost all of the fund outflows of 80% partial from bitcoin while it happens to 8 altcoins It was noteworthy that there was an inflow of money.

Money having entered 8 altcoins Among those that stand out with the most investment are Cardano (ADA) with 500 thousand dollars, TRON (TRX) with 230 thousand dollars And The Sandbox (SAND) with $200K it happened.

Most money out 37.5 million while it is in Bitcoin with dollars, it is also in the short Bitcoin fund. $10.4 million It was stated that there was an outflow of money. on Ethereum 100 thousand dollars money inflow.

Notable from almost any country while no money from Germany 30 Million dollars money outflow attracted attention.

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