🚨NEWS IN: DIGITAL ASSET INVESTMENTS SAW 3RD LARGEST OUTFLOWS SINCE 2018🔥🔥🔥
On November 24th, according to the latest weekly report provided by CoinShares, last week witnessed a total withdrawal of $1.94 billion from digital asset investment products. The cumulative withdrawal over four weeks reached $4.92 billion, marking it as the third largest withdrawal since 2018.
$BTC and
$ETH took the lead in the outflows. Although both showed signs of recovery on Friday, funds shorting Bitcoin continued to flow in significantly. Among alternative cryptocurrencies (altcoins), Solana experienced an outflow of $156 million, while
$XRP went against the trend with an inflow of $89.3 million.
NOT financial advice, DYOR.
Source: Lookonchain
#CryptoOutflow