Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! \”Major Sale Happened After 80 Weeks!\”

Bitcoin (BTC) broke new records last week, rising above $111,000.

While the new ATH in BTC also brought a rise to Ethereum (ETH) and altcoins, Coinshares released its weekly cryptocurrency report and said that there was an inflow of $3.3 billion last week.

“Inflows into cryptocurrency investment products reached $3.3 billion last week. Since the beginning of this year, inflows have reached a record $10.8 billion.”

Bitcoin (BTC) Takes the Lead!

When looking at individual crypto funds, it was seen that the majority of inflows were in Bitcoin.

While BTC experienced an inflow of $2.97 billion, the positive sentiment continued in Ethereum, with an inflow of $326.2 million.

When we look at other altcoins, SUI experienced an inflow of $2.9 million, Solana (SOL) experienced an inflow of $4.3 million, while XRP experienced an outflow of $37.2 million.

“Bitcoin took the lead with inflows of $2.9 billion, accounting for a quarter of total inflows in 2024.

Ethereum saw inflows of $326 million, the most in 15 weeks, and gained for the fifth week in a row as sentiment continued to improve.

XRP’s remarkable 80-week run of inflows has ended with the largest outflow on record, worth $37.2 million.”

When looking at regional fund inflows and outflows, the USA ranked first with an inflow of 3.22 billion dollars.

After the USA, Germany had an inflow of $41.5 million and Hong Kong had an inflow of $33.3 million.

Against these inflows, Switzerland experienced an outflow of $16.6 million and Sweden $12.1 million.

*This is not investment advice.