Leading cryptocurrency ‘Bitcoin’While all eyes were on the FED’s January interest rate decision, the price rose above $42,000.
At this point, publishing the weekly cryptocurrency report Coinshares He said last week that there was an outflow of 500 million dollars.
“Cryptocurrency investment products experienced an outflow of $500 million this week.
Last week, Grayscale outflows totaled $2.2 billion; however, the data shows that outflows are beginning to decline as the daily total continues to decline throughout the week.”
When looking at crypto funds individually, the majority of fund inflows ‘Bitcoin’It was also seen that there was.
BTC, experienced an outflow of 478.9 million dollars last week, the biggest in altcoin Ethereum (ETH) An outflow of 38.8 million dollars was seen.
It was seen that there was an inflow of 10.6 million dollars in the Bitcoin Short fund, which was indexed to the decline of BTC.
When we look at other altcoins Solana (LEFT) While experiencing an inflow of $3.0 million, XRP And Cardano (ADA) 0.4 million dollars, Litecoin (LTC) It had an outflow of 0.2 million dollars.
“Bitcoin was understandably the primary focus, seeing outflows of $479 million, while Short Bitcoin saw total inflows of $10.6 million.
Altcoins saw mainly outflows last week; Ethereum saw $39 million, Polkadot and Chainlink saw $0.7 million and $0.6 million, respectively.”
When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an outflow of 408 million dollars.
After the USA, Switzerland ranked second with 59.8 million dollars; Germany ranked third with 31.7 million dollars.
Against these outflows, Brazil lost 10.3 million dollars; France experienced an inflow of 0.1 million dollars.
*This is not investment advice.
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