Smart Money Flowed into These Altcoins: How Did the Price React?

Ethereum, Blur and Shiba Inu, tokens traded on the Ethereum network, are at the center of a very exciting cycle in the crypto market. These tokens have gained a lot of attention among the global crypto community and have risen to a prominent position in the smart money entry list. Data provided by Nanasen.AI shows that trust in these tokens is quite high.

Ethereum is at the beginning of this exciting cycle. According to data released by Nansen.AI, the leading altcoin exhibited an inflow of $ 11.28 million and a stock market outflow of $ 92.44 million in 24 hours. Maintaining its leading position, Ethereum has become the choice of many investors.

Following Ethereum, Blur maintains its strong position in second place. Blur continues to attract investors’ attention with its unique features and potential. This altcoin showed an inflow of $5.40 million in 24 hours and recorded a stock market outflow of $559.12 thousand.

On the other hand, Shiba Inu ranks fifth among these tokens. The popular meme coin witnessed an inflow of $592,435 in the last 24 hours, accompanied by an exchange inflow of $388.39 thousand, attracting great attention in the global crypto world.

This list shows the inflow of smart money into the Ethereum network in the last 24 hours. Smart money investors are experienced investors in the broader crypto market, and their confidence in certain digital assets may signal that cryptocurrencies are poised for greater advancements. Regarding this, the above-mentioned altcoins seem to have garnered significant interest among crypto market investors.

On the other hand, there was a slight decrease in the prices of important tokens such as Ethereum, Blur and Shiba Inu. Ethereum has decreased by 1.19% in the last 24 hours. Notably, the price of Ethereum-based meme coins Blur and Shiba Inu also saw a decline of 2.54% and 2.16% respectively. Although this decline may seem to contradict the confidence of some investors, it should not be forgotten that fluctuations occur frequently in the nature of the crypto market. This situation requires crypto investors to be careful and monitor the market carefully. Additionally, these declines may perhaps present new buying opportunities and give investors a chance to pay more attention to these projects due to their long-term potential.

You can follow the current price movement here.

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