According to data shared by digital asset manager CoinShares, there was a net 120 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, 4th week in a row reported to have occurred. Also this week $120 million exit Total fund outflow in 4 weeks, together with It reached $339 million.
CoinShares shared that the exits 41% part of from america and of 59% part of from Europe stated that.
It is also one of the world’s largest cryptocurrency exchanges. FTX’s native token FTT receives $38 million worth of funds and it is the altcoin with the most money inflows this week.
from bitcoin last week $137.7 million, from Ethereum $25.1 million money outflow. Altcoins, which have been money inflows for a long time, also had money out this week. $ 400 thousand from Cardano, $ 600 thousand from Litecoin, $ 800 thousand from Polkadot and $ 1.5 million from Solana.
last week total 25.1 The total outflow of Ethereum funds, which have experienced a million-dollar outflow, since the beginning of the year is approximately $194 million it happened.